Cool use of light and object. Just what Abstract is all about. I'd have preferred it without the surface flare but I haven't marked it down because of it. I HAVE marked it a point down though because you haven't rotated it and squared it up. It looks like a sloppy job even though I know it wasn't because of the work in lighting and setup.
I had the same idea (red background shot through a cheese grater) but I rejected those shots. It seems like it would be very interesting but ultimately it doesn't make a visually compelling image (which is why I rejected my own version of this idea). Not terrible though.
Great title. Cheese grater? I like the background lighting a lot, and also that the lighting on the grater is not even. I wish the grater was a little more shiny, but for that you would've had a brand-spanking new one I guess ;)