It looks kinda interesting
but the movement is really jerky. Either you're using a really low framerate or you're doing an insane amount of calculations in Actionscript to place everything. By the way my computer's lagging, I'm thinking calculations.
At any rate, it's short and not as interesting as looking into a real kaleidoscope. Unless I'm mistaken, a real kaleidoscope image looks glassy and refracts. It's been a long time since I owned one.
But maybe playing with the opacity can help.