First off, I like your style. It's . . . anime-esque and yet you did it in a way that is nifty. If that makes sense o.O; But anyway, overall, it was a good flash. I do have a few nitpicks, but isn't that the point of a review? They're constructive, I promise.
* Sound - The music selections were good, ambient and otherwise. My complaint is the voices. They were rather quiet and while the distortions you used did add a nice touch, they were almost /too/ much. The text boxes were a nice reference, which I'm guessing is why you included them, which I'd also like to add you did nicely enough. They weren't annoying anyway. But if you could just try to make it not so . . . garbly it would help.
*Background info - I like the premise of this for sure. But it is somewhat confusing in the fact that it's like, cool this looks badassbut wtf is going on? Did you do that to hook people, or am I just missing something? If you're planning on explaining things in later episodes, please forgive me. :D
* Slight bit of lag at the end - After the Evil Master's log there's that long pause, and I almost closed the window before the preview thingie came on. Maybe just shorten that up a little so we don't thing it's over when it's not.
That's all. Really, I look forward to more. Keep it up! ^_^