SpaceShip Flash Game - Tell me what you think

I uploaded the swf file. Please play it and tell me whats good and whats bad, im doing this for a scholorship so any feedback would be cool. This is version two, some things i changed since the last time was the background is now less distracting and the spaceship color changed to stand out more, and now you can chose a difficulty level. The preloader i made is kinda messed up i dont know if it just loads to fast on my computer so i cant see it, tell me if it works ok for you guys. Thanks for checking it out
~ Lance