There is one large flaw here in this preset: 1372kb. The size is far to large, most AVS packs don't even reach this sort of size.
Lucky for you I have a hyperspeed connection and couldn't care less, but for some people 1 megabyte means minutes of download time.
Anyway, the preset itself seems a bit weird to me, the central effect seems very bland and the blinking is to harsh a transition for my liking, but I guess that there is no way to fix that problem. Its a shame that picture interpolation would be hell to code in AVS. The concept is good though, I just don't think that AVS is yet capable of doing this sort of thing very well.