Thoughts while listening: WAAAAAAY over-distorted lead. Not badly played, slight screw-ups on timing, but hell, I do that too. I think you may have your compression thresholds set wrong as well. I'm noticing clipping on the quiet-end, which shouldn't be there. Punk section is a reasonable chord progression, needs the lead back.
Thoughts after listening:
Keep in mind that I am massively biased towards live guitars, but I'm an acoustic player, so my admonitions here may well be fairly off.
Some improvements:
-Your lead is ridiculously distorted. The lead guitar should be the least distorted sound in the band. You gotta get those notes to ring clear so that the dynamics of your playing can come through.
-Also, remove the compression, and work with your volumes instead. You're seriously clipping any light sounds, which makes your notes come in late at times.
-Like you said, the track isn't finished, but you still have much work to do. Hopefully putting in some bass and vocals, right?
Some good things:
-You play quite solidly. Appreciation.
-Nice composition. Sensible lead, good chord progressions, appropriate percussion.
Overall, this need to be recorded again, unless you wired your raw feed directly into the computer, like I do it, and added your FX digitally. If you did it that way, you may be able to save the original lead recording by adjusting all your settings in your DAW. I find that the best way to record a guitar, even heavily distorted electric, is dry. No FX, no pedals, nothing. Just put the raw feed into your mixing program and record it right there. Most DAWs have guitar settings, amps, and FX built right-in, and you can change them even after the recording is done. Helps so very much with the mix!
Unfinished, so please forgive the low rating. I will gladly review the finished product when you get it done. Just lemme know!
2.5/5 R4R
-Ceevro
lantaren 
