I actually like it quite a lot, its very clean, and your colour choices are good. The one thing that really bothered me was the point of having that large blue area below your menu? It just takes up unnecessary space - I would consider putting your banner ad in there so that the categories for your content can be moved up. I also didn't really think that your logo went with the layout for some reason.
Apart from that everything looks good, and I loved your hover colours for the menu.
Good job
