Great set up and great blurred background. I like it a lot. The weird crack in the sharpened pencil is a bit distracting, as is the bottom of the cone? of the sharpened pencil (where the the green bumps up, right by the crack). I don't know if you left that in on purpose, but I may have rotated the pencil to get that out of the shot. Photo technique wise, great!!!!
Right idea, iffy set-up. I don't know enough about photographic terms to explain what I see, but the foreground position feels off-balance, and the background is too predominant.