Interesting, but...
I understand this is supposed to be a tribute, it was very close to how some of the old madness toons looked. I would say that one of the biggest things that makes madness great is how it manages to make the music, and the action all flow together. I am not going to be negative, or overly positive, I'd just say pay close attention to the music you choose.
It's not bad, kinda' short, but I'm just being picky I guess.