Red text on a black background isn't very clear at first. You'll need to look closely to read it well. I'd say using a more bright color for your text would do good. The links do jump out nice but compared to the other text it's too much. They take away your attention from the text. Brighten the text, maybe darken the links a bit.
Second thing that jumps out are the Flash animations. They're nice, but I feel it's somewhat pointless to repeat them over and over. I've used an animated logo on my first site, cpcp.tk, and it tends to get annoying after a while, plus it detracts from the sites content. Consider if they really add to the sites appeal, or scare off visitors after a while.
Third thing is the menu. It's not as intuitive as most other menu's. An easy-to-navigate site should have it's links quickly accessible and best would be to have them prominently visible. Your menu allows quick navigation, but a visitor can't see what the site has to offer at a first glance. A dropdown menu can allow easy and fast navigation, but in this case it lacks the oversight that most menu's offer.
Size. Though the site is fine in 1024x768, it isn't in 800x600. You could optimize for this, using tables with sizes in percentages rather than fixed width. Something I've done wrong too on my latest site, captain-p.com. In 800x600 it's fine but there's a large blank space to the right in 1024x768 there. Not nice.
Newsposts could use a bit extra information, like who has written them and when they were posted. Especially a date is handy, since there are quite some 'dead' sites. A fresh date shows people that this site is likely to be updated again.
Picture page formatting could be more nifty than just putting them on a row. Thumbnails could be a nice idea, as they give a nice oversight and load faster. This way a visitor can quickly decide what pictures look most interesting and select these to view them. This method is used often by designers and concept artists to show off their work.
Oh, and when I'm on your contacts page, the menu dropdown is suddenly different. It then offers a link to a maps page, which doesn't exist. Needs to be fixed or corrected.
Overall, not too bad, but there are a few things that need to be fixed. Plus you can improve on the look of the site. It's a simple layout, and that doesn't have to be a bad thing, but maybe something to give it a distinct feeling would be good.
Plus, as Pepper said, get a better hosting. Ad's are annoying. Good luck with it!