Please Critique

I was working on a design the other day for a friend and I came up with this design. Please Critique.

Note: I am still in the early stages.

Feel free to suggest ideas for preloaders and ways to show larger images for the portfolio images.

Thank you in advance.

www.studiod1.com/kay/

While you are at it please critique www.studiod1.com (it too is in the early stages of development)