Nice man. More impressive than my coding work. The level is exremely dull though and the textures are plain. The reciol effect is nice but make sure it varies with each weapon (example rifles should be more accurate than sub machine guns). Also make sure the shots don't go outside the circle.

Some brass and kickback effects would look great. The muzzle flashes look nices, but they don't seem scaled right to the weapons. The flash off the assault rifle should be larger and the flash from the sub machine gun should be smaller.

You've got a real nice start here dude. Definately more impressive than my first game (without template). Hope my imput was helpful.