GAMEPLAY: The story is strangely worded and a bit too dramatic for an arcade game, but the thought's a good one. Controls are hectic, but that actually fits in with the wave-like nature of gameplay. Everything else, however, goes too slowly. I got bored of things before reaching Level 2, and found it too hard to die even on purpose. There is something here, though.
VISUALS: The blue and red color scheme doesn't play too nicely, especially with how dark the whole thing seems to be. I can clearly tell what's going on, though, which is a plus.
AUDIO: Aside from the dramatic intro, the music you picked out was peppy and fun. Bubbles popped when they needed to.
THEME: You say that the bubble shrinks when you die, but since I found it hard to die, I didn't end up seeing it. The bubble bouncing-boundary was good, though.