Need help/advice on website optimization...where is the trick?

Hello all,

I am upgrading from v1.3.7 to v1.3.7.1 and decided also to change design by using a tempalte and just change the template like I need to get as close as the current template I use...

The current website is https://www.clickyshop.com and when I use the Web Page Analyzer http://www.websiteoptimization.com/services/analyze/
the results are perfect...

Now when I analyze the upgraded site ( which is not live yet) , which is https://www.clickyshop.com/newzen
the results are very criticle?

Why? What did I do wrong?

I am using IH2 and also tried to keep the other images optimized.

Can anyone please run the second website through the analizer and point me to the right direction?
I dont know how to interprete the results nor what I would need to do to make the website faster.
I am pretty confused about these results...IMO I didnt do anything what would cause this...at least when I made changes on the current site and when added images...everything went fine.

Need help on this please...

Best regards,
kruna