I love it! I agree with Candee that I'd play with the elements just a bit more. It seems like some things have a shadow at the top and to the left, while others have it at the bottom and side. You should try to remain consistent in your shadows as the light source usually comes from the same place and would cast all the same shadows.
One thing I've done more of since reading Candee's shadow tutorial is really look at how the "real" version of the element would case a shadow. For example, a piece of paper would have a small bit of a shadow, while a flower, or beads, would leave a deeper shadow since they'd come higher off the page.
Overall, it's a great LO.