Great idea!
I really like the idea. But, It'd be a lot better if there was a small story like "The asteroids are heading towards Earth! Slice them up before the enter our atmosphere!" or something like that.
The game would be a lot better with music. I'd pick something techno-y or rock-ish, but that's just my personal opinion. Music is a must, though. It really adds to the feel of the game.
Sometimes, I couldn't see the lazer when I fired it, which slightly frustrated me. The fact that a small bit of asteroid would be left after the bulk of it just blew up it also a tad frustrating. But, I liked the fact that you could deflect them with your ship. Maybe in an improved version, when you deflect the asteroids, they could pick up speed, catch on fire, and disappear. That'd be a nice touch.
The graphics could be better, but sometimes simple is better.
Overall, I really like the idea and the way the game plays. There are a few improvements to be made, though. The idea has a lot of potential. I'd really like to see this remade.