I think this shot would have been helped alot by better lighting to bring out the colors of the yarn and backround as well as keeping better focus. Subject with title and your composition are good IMO.
Crop is a little tight on the left and top. White balance appears off, very dull appearance. Autolevels (monochromatic contrast) would've helped this image a bit.
I do appologise in advance because I'm afraid I find this extremely dull, both in a technical sense, that is the lightin, but the image itself conveys nothing, has no zest or life. Its just a ball of wool which somehow fits the title you have chosen.
I'm sorry if this offends in some way, its not intended in that spirit. Simply my honest reaction to your image.
i've never heard of the movie, but the photo is creative and interesting. i can't find the point of focus, though, but that's ok, i'm an amateur too ;-) u could have really made that salmon colour pop with a blue background.