First question: Who's your target audience? Is it a niche crowd, or broader scope?
With the answer to the first, you can then ask yourself if a complete flash site is appropriate. If it's a niche audience, it might very well be. If the intent of the site is a broader audience, then you will want to ask yourself, "Why am I controlling the end user's experience, instead of allowing them to control it?"
While flash is "fun" to work with, its use as a complete basis for a website is becoming quite stale. Certainly you see it being used a lot, but if Nike jumped of a bridge, would you do the same?
Full sites like this also eat up a lot of an end users time, waiting for it to load.
While it might not make a difference for you or I, someone that has a lesser connection speed that would fall in love with your work may never see it as they will fly off elsewhere due to the wait.
If that's just some old bat you're not interested in, so what. But what if it could be the person that could cut you a big break? Maybe that isn't likely, but why take the chance of excluding them?
If you're set on the flash design, cool. It's your site, and you can have it your way. But, also be prepared that you may turn away people as well. If that's an acceptable option, then don't sweat it.
If it were me in this position I would have a clean, fast loading site. Then offer a basic gallery of work, or a fully interactive flash gallery. Let your visitors make the choice.
Regardless of what you end up doing, be sure your pages validate. Right now, your page above does not.
And yes Veronica, you can be standards compliant when embedding flash. Er, there is a Santa Claus.
