Not bad, could use some touch-ups.
That was pretty good for that type of filesize. The idea you have is pretty good, it could really go a long way if you dive deeper into it and the possibilities. Your visuals are ok, pretty funny at times, but could use a bit more work in the animation department. I know they're sprites, but since people have the image that it's so easy to make sprite movies (definitely not always true) it takes lots of creative movements to make the impressing that your visuals have lots of neat work in them. The flash movie Super Mario Bros. (It's on the Top 50 as of now, I think) has some good examples of it. Audio was pretty nice for what was there. The clapping made me feel more a part of some audience. There may have been a bit too many buttons. You may just be better off timing your text to appear/disappear to really tap into the element of surprise in certain situations (like the Seymore part, which was pretty funny). I like the concept and I think it can go really far if you put enough effort and story surprise into it. It was pretty decent.