Alright... Time for some feedback!
I applaud your idea. The idea and determination it takes to go out there and film, write music, and put it all together in front of a bunch of rabid magicians takes guts. Good job!
The only thing was, is that the entire thing was edited pretty poorly, the camera-work was not good, and the idea was too unoriginal.
Allow me to expand.
Editing:
The editing wasn't good. The music got cut off, the spectators reactions got cut off before they started, the transitional scenes are overused in YouTube, and there are a lot of things you could have done to make it look more proffesional.
I think you could have used more fade-ins and fade-outs. If you just have a scene cut to another without a fade in or fade out, it sounds bad UNLESS the sound is going into another similar sound.
I.E. if you have a spectator scream, and you cut the noise to go to another spectator screaming at a trick, it fits well. After the screams, fade it out to go on to something else. In the video, you have it to where it just cuts and cuts and cuts.
Oh, and you need to toggle the volume a bit. The beeps were too loud and the music and sound weren't completely together from a volume standpoint.
Camera-Work:
Instead of just telling you that it was bad quality and the sound was hard to hear, I shall give help from experience.
The only video camera I have is one that was bought about 4 years ago. It's video quality is that of just over a cellphone and its audio is LESS than a cellphone.
There is a way to make that work for just a little money.
If you can, first find a friend who has a better camera (or even a worse one) and borrow it if you can. If it is better, use it. If it is worse, there is more help below.
If you have a worse camera and yours, you can actually make both into one semi-functional camera. Take the friends camera and use it to record JUST audio. On 95% of cameras or camcorders, the audio is crystal clear if you record it WITHOUT video. With video, it isn't great.
Then use the other camera at the same time you are using your camera to record audio as you are using yours to record video. Audio is truthfully what makes a big difference in film. Just sync up the audio from one camera and the video from the other. You get a pretty good clip. (Try it, it works).
The other help I can give you is use the same technique above with a voice recorder. Many MP3 players record fairly high quality voice and you can sync that up, or many HQ voice recorders are only about 20 or 30 bucks. If you do this though, be sure to tape your voice recorder to a tripod during filming. This helps very much to reduce crinkling of the sound if you don't touch the object recording the sound in question.
Also, many cameras that are just for taking pictures will take video that is higher quality than the one you used here.
I'm not saying that the video quality was unbearable, it just could be improved for a little money with the same ideas I give above.
Idea:
The whole idea of the video was basically the same idea that David Blaine used (and it wasn't really original to him, either) that Criss Angel copied and that people continue to use. People understand that there aren't any paid stooges. They understand that there aren't camera tricks. It isn't to say that you shouldn't say so, but it has been used and makes you seem like a poser.
I also feel that it also never came to a complete stop (and niether will the episode in question). If you notice, every David Blaine special, every Criss Angel episode, every David Copperfield or Darren Brown special ALWAYS had a point it was building up too. For example, the Dive of Death by David Blaine.
The entire special was focused around magic and the idea of the Dive of Death and that you can push your own limits. It has that as the main idea the entire time and because of that, people watching come out feeling like it came full circle.
I am in no way telling you to make a Dive of Death or even that it has to be a deadly stunt. You could build the entire episode on say... Misdirection.
Begin by telling the viewers that you are going to teach them a lesson in misdirection and how magicians fool. Then use that as the theme that ties it all togehter and end with a demonstration or trick that encompasses that and really brings the whole thing 360 degrees while fooling them completely with the idea.
Just don't do what every magician has done. Come up with an original idea.
That is about all the feedback I can give at the moment. Don't let this discourage you. I always have enjoyed specials like that and would love to see one of yours when it is done.
Just make sure that you are ready to release it when you do. I understand it is YouTube, but this kinda thing travels with you. If the Buck's had released something like this when they were younger, this would be brought back, and back and back and they would be made fun of for it. Might have even made a career changing difference.
Good job on the music though! If you need any more help with anything I listed, feel free to PM me!
Sorry if I sounded mean!