Looking real good!
How was your approach to some project like this? I've seen many of this type of animations and do like the looks of it.
If you are still interessted in changing someof the animation aswell you might dig a little deeper in the motion of each part. They somehow feel jerky by moving, stopping, and then moving back.
http://www.tysonibele.com/Main/Anima...sony_style.mov (from Tyson Ibele)
If you look at one part of the object you notice the parts never stop moving

this gives it a little extra dynamic.
As for the looks.
The N64 has a real strong specular / glow. you might want to mix it down a bit to get back some model detail

I'm not sure if you really need any reflection because of the enviorment.
I'm still a learning student so correct me if I talk non sense!