Good and Bad
Well it's been said before. The editing and some of the camera work was very good. The story wasn't much. And the acting ... the acting was really bad.
I know that the Head Agent and the Security Guard (isn't it funny that in all spy movies, the spy agencies always have dumb security guards?) didn't know the story and had no prep time, but the "Blast, that girl!" line and the SG's facial expressions were just bad, bad, bad. You have to give your actors some prep time. Even nontalented actors are better with prep time. Those two guys just looked so uncomfortable.
The story, as I said, wasn't much, but it was intriguing. I would like to see where X's adventures take her, especially if her adventures take her to places where she keeps getting undressed. Speaking of that, think to yourself, if you were trying to change from one disguise to another in an alley while a man was running around with a gun looking to kill you, would you change so slowly? I know you're upping the sexiness of the character (which she is sexy), but you also need to retain some realism.
And as was said before, I liked the B&W ghosting technique.
Please don't take my words wrong. I'm not trying to put you down. I just relate this stuff to my own experiences. For instance, when showing people my first short, I got a lot of, "That was good." and "I really liked it." I had one guy that told me what he didn't like and what he thought I should've done differently. I learned more about my directing and editing from that one conversation than I did from all of the praisers.
I want to praise you for coming up with an intriguing film with such a small budget, but I want to implore you to fix the problems for the second installment.
Poke