Well this looks wonderfully trippy, no doubt a "WTF?!" kind of experience, but in a good way.
Admittedly I've always felt a trippy type of dark ride is the way to go if you have a low budget, since you don't have to worry bout' telling a cohesive story, and the sky's the limit on what you can do...provided you can be creative about it.
Also, I think this nails the trippy aspect better than HRP's Night's in White Satin. A ride which I know a lot of people went gaga over, yet I felt some scenes in that were on the lazy side. (eg. There was a big screen where it looked like they put on a screensaver from a media player and called it a day.)
Meanwhile Kaleidoscope gives us stuff like stop motion chair flying and breaking apart at the end, and a egg which hatches a Zoetrope. (Which by the way, we need more zoetrope's used in dark rides since those things are awesome.)
Overall, it's weird and trippy...which is pretty much what I was hoping it would be!