The vibrant colors are what initially grabbed my attention with this piece. Overall though, I think the photo has a few negative issues.
I'm not fond of the blurry and muddy midtones in the center. To me it seems to overpower the piece, leaving the viewer searching for a focal point that doesn't really exist. The lines of the piece lead the eye to the upper left of the image, but the interesting detail fades out there.
The color overall may be a bit oversaturated, but in this particular case that strikes me as a feature that increases visual impact.
I believe that the composition would have benefited from a darker background and better exposure control for the center. Very nice, but not perfect.