The drum tracks are quite sloppy, I do like the tone you've got going for the guitar. The bass is too loud, louder than the guitar it'd seem. If you're using Ableton, you're probably use some Line 6 software (Like the POD) to record, I recommend you use a program called Adobe Audition 3.0, I find it to be far superior to Ableton.
So my suggestions, turn the bass down, the guitar is at quite a nice volume, work on the drums. Good job, 7/10.