sohailamir52, yes that looks awsome now
It's looking like it could win so I would like to see a full preview with content and everything.
medphoenix, yes it's good I mostly like it although here are some suggestions: The image that says "Printed Circuit Boards and Circuits for Cheap Price" is faint I can't read it easily, and the footer image is cool but you should make it higher contrast to make it more visible.
The banner is cool and so is the flash banner (although sounds need removing as you said). Is there a way to detect whether the user has flash enabled or not and automatically select between them? That would be cool.
One last thing, I don't like the color scheme of white and red, becuase it looks too christmassy. Either you should change the background color or not use red.