I love it!
References to cult media can really pump some humor into a flash. It's too bad that alot of people don't seem to have the attention span or the willingness to follow it's long twisty plot. And to the people who complain about the transformer scene: It's supposed to be funny! It's a joke on the long and sometimes quite random transformation scenes in the transformers of old.
The characters and gags were all well realized and very funny, but the voicework could use improvement. Like the cat character; he was great as is, but could have been FANTASTIC if his voicework had been slightly better.