Nice, clean, and strangely relaxing ...
I agree with Abelius that you should have a scrollbar in that scrolling field at the right of the screen.
I think the timer is for the background music, right pixelpissed? But did you make that by incrementing a number at a speed that will approximate actual time passing? Whatever you did, it's not the right way to do it. You should use the getTimer() function in Flash. Yours slows down when the processor slows down, which makes it grossly inaccurate. There are other problems with it that I noticed too. It would also look cleaner if it displayed a zero before the seconds < 10 (01, 02, 03, ...).
There is some JPEG lossiness visible around the site. It's a minor detail, but I always tend to notice. Big turnoff.
Good work! Just clean it up a little, and fix that timer.