Graphics look very cool and polished, but this looks really similar to Bit Trip Beat
We know that game. Also there is Pong Beats http://www.youtube.com/watch?v=727BqbTDN4k
Like wessles said, gameplay is similar (but we have some unique features in gameplay, and we are thinking about few more).
Also we don't use music specially made for game but tracks that sounds awesome for us. And lasers are always awesome!
Will the game be for free or will it cost something? (And if so, how much?)
Game will be free (with ads on menu and pause screen). Initially we will release it on android with 4 free levels included (1-5 minutes long each). After that we are going to release update with 4 more free levels. If game will be popular we will release more lvl packs (maybe some as IAP for 1$ that buying remove ads) and release it on ios.
It's really cool that you like graphics because I'm horrible graphic designer and aesthetic, clean graphics is all I can get from my algorithmic mind.