The whole song is a bit repetitive. I was expecting something new through the first drop, and halving the speed by a factor of 2 might have worked perfectly if the melody was different in the drop. The melody is good, but it might not change enough through the song.
Also, I think you overused distortion on the drum in both drops. I think you should consider lowering the power a little bit.
Otherwise, I like the design of the drop. Mixing is acceptable (this can always be improved!), and the white-noise after the drops sounds perfect to my ears. I believe the use of a new instrument for the half-speed melody (2:14.05 to 3:18.05) to be a good choice (is it violin?).