This is pretty good.
I just have to say, I like the electric guitar. Pretty nice melody you made! It's actually quite catchy. I also like the guitar solo.
I think the drums can be improved a bit. Seems like the drummer made some mistakes here and there. o.o
Overall, I think this song could be improved in quality. I'd recommend you record both instruments separately using different mikes. Using two mikes for an instrument might help get a stereo effect.
Also, I appreciate the effort of actually recording the song live. Most people here just click on little buttons that light up to make drum beats in their music program. It's semi-rare to find someone who records their own music.
Giving this a 7 for the effort. =)
Thanks. As the drummer, I was mostly just following along with Jamie.