Good
It was a good start, the graphics were ok. You could improve on the backgrounds and objects, they didnt look 3D. And the animation was quite poor. Try adding in some shading and shadows to the characters and stuff.. bring them to life! It would rock then. Also add in different shades of colours into backgrounds.
I think it was nice how you stopped the Flash and it zoomed into the character to see what thier name was. I thought that was cool.
The reason why it got through, is most likely because of its length. Its a good example to those who want to create animations, but the grahpics where poor.
Nice work, and I can see alot of effort, as in you didn't just leave it out, was put into it. :-)