Interesting and well performed. Would have been interesting to see it with a motion included, that means with the wheel spinning but I asume that have been impossimble.
Very nice picture, the blurred background really makes the spinning wheel stand out. Perhaps it might have been a bit better if the spinning wheel hadn't been so centered in the picture.
The lighting is quite harsh -- a difuser (even a piece of tissue or toilet paper) or a bounce would improve the quality of light. Also, I'd like to see either much more or no cobwebs at all.
Very nice motive, but I'm not sure the light is used well. I think it needs another source of light from the left side... that way the shadows would be softer.