yes, mostly lame. The owl is cute. Why would someone sign up if they have no idea what you are doing or offering? What kind of person do you think would sign up? Is that kind of person your business target? Slowly spoon-feeding info to the reader with animation is disrespectful. If you have something to say, put it out there so it can be read as quickly as the reader is able, or at least clicked through. Under the logo you have text in four different colors and weights. If everything is a different style, how do you know what to focus on? Is grab an invite a link?
Compress. How about" Enter your email to get an invite" Do people really need a green example of what an email address is? the animated text is amusing, are you going to be a comedy site?
I question the premise of this splash page. If anything, you should post a blog with some of the posts from your personal page about the process of putting together the site and go from there. I just don't get the "I am doing something so secret I can't tell you, but give me your email" concept. Go for the blog of your progress, at least that has something. Best of luck on the project.