Funky & Smooth.
Alrighty here goes. It is good - yet with a few more additions and tweaks I feel it could go from good to great so here goes! :) [You've got the main part of the musical dish served up, I'm just going to make suggestions on how to .. 'garnish' and 'season' it to make it that much more delicious :) ]
First off I feel there could be a few more instrumental additions here and there. The instrumental variety doesn't really develop - musically speaking it is like running on the spot kinda, or rather, driving around the same neighborhood repeatedly. I'd love to hear some other instruments to contrast the texture/mood, for instance, vibraphones, wooden blocks, and other percussion. Perhaps even some SFX because it's Video game genre and well I'm not too familiar with Megaman etc but if there are any SFX you can incorporate then I'd do that and see how it goes.
The notes played stay around the same sort of area too. The melody lines need to break out of the same octave more often. The bassline gets too repetitive, even though you use variations, stretching it out a bit more [a few lower notes here and a few higher notes there] would provide more depth to the music and take the ears of the listener to more places. A bit like creating hills and valleys in a landscape, it gives a lot more depth to what you see.
I would like this music to surprise me more [That's how games feel, good ones are surprising so I'd like the music to reflect that.] , so I feel that it would be best to increase the variety of the Structure more. I.e, have more varying sections, i.e patterns like intro/ABACDABAF/outro [where each letter denotes a different style of section.]
Good parts -> The instruments you have so far are very suitable. The rhythms you have, are great, brilliant even. [There could be a bit more variety of rhythm though. Some strange changes into 3/4 or 5/4 etc would be worth venturing into. ] It has a great game feel. The music has good flow to it, there are a lot of nice ideas, nice variety of patterns and so on. The volume of each instrument is perfect, each instrument sits well in the track and doesn't over power any of the other instruments - which is very good. It's a well balanced piece in that respect.
Summary:
Instrument Choices + Volumes/Mastering is a 9,
Rhythmically I'd say this piece of music is a 9,
In terms of Melody I'd say it was a 7,
In terms of Variety and Structure I'd say it was 8
9+9+7+8 = 33
33/4 = 8.25
Hope that helps!
-MrMusicalLion