Too much to describe...
Damn, there's alot going on here. You have some good banjo licks in here, but they're obviously looped...
The sax and overtly techno drums are big detractors. The repetition of the dirt simple drum line kills it. Too much bass... (turns volume down)
A. Bluegrass appreciation is nice to see.
B. WAAAY TOO DRUM HEAVY.
C. Industrial part at the end fits like a piano in a Honda Civic.
D. Characteristically Loopy.
A good effort, but not becoming of the bluegrass genre, there's too much going on and it lacks the earthy, naturalistic qualities of proper bluegrass. It'd be a great entry into the Miscellaneous or Techno categories, in this category, it's out of place.
Keep plugging away! If anything, it's unique!