One thing I am noting is that you try too hard to be funny at times and get distracted. A bit of off topic discussion is fine, but keep in mind that people won't read through half a video of things. A few things to make the video more interesting is:
Make a few comments of characters you find interesting. Describe the classes a little bit.
Talk about creatures, tactics, or rather a lack of it.
Focus on missions and interesting things. No one wants to see you wander from location to location, but rather they would like to see interesting points of focus played out with your mad styles.
Try watching a star craft battle report form husky to make it interesting. He often makes comments off topic, but keeps it interesting. I know at this stage the game isn't at all interesting, since weapons are bland and all that, and having fun for you is the most importent thing. Just at the moment the cast is there, but it's difficult to geam anything informative at the moment.
IMO, I enjoyed it somewhat. But as others have mentioned it's to much off-topic. I always like a bit of chaos and a crew that has some chemistry. But there is something wrong if you can put the audio under any other game and it work just as well.
Anyway, I'll watch a few more eps. And decide if I'll stick around.
Most important thing is you guys having fun with it, don't feel to bad about some the responses here. ---
Thanks for the constructive criticism, guys! It means a lot, and it helps us improve the show. We'll keep your advice in mind when we record this weekend.
We've got a new episode out today: http://www.youtube.com/watch?v=VXjqGZgWPow
And for any Terraria fans, we started a new series: http://www.youtube.com/watch?v=7HyNyEEbf9E