Flash menu is annoying, it slowly animates in. My time is a bit more valuable than you think it is.
In terms of design, I'd suggest brightening up the colors you used for text in the heading (Magnasmific) as well as the text in the navbar. Maybe consider upping the brightness of the borders too. The background color of the content boxes could also be notched down slightly, (and the background made a tad lighter in color) so that the contrast is more subtle.
Its a solidly designed site (though IMO the flash is overkill, replace it with some css based list navigations and it'll look the same, minus the animation). (Examples of css-list-navs are available at
http://www.maxdesign.com.au/presenta...atic/index.htm check out the vertical navigation ones, pretty solid stuff)
One suggestion, you don't really have to listen... but maybe move that welcome box to above the news posts, and then make it a two column layout. The content looks really narrow in lower resolutions. As for the news posts, maybe consider moving each post into one box, that way the title of the entry shows up more clearly, and the entries are all bound together (so they don't appear like seperate parts of your document, instead of just being a series of news postings)
Not trying to be harsh, or anything. Just some ideas that struck me. Good looking site, a bit utilitarian, but I'm assuming thats the idea.