Exposure is great IMO, detail, colors and comp are wonderfull, I'd try to tone down the BG just a very little bit and also I would give the bird another round of NR. Still, great image Fabs! Congratulations!
Wow, he looks small-headed. :) It's great to see that there are some juvenile caracara in the area...so glad that they are breeding successfully as development gets closer to the wetland each year. I agree with Ramon that I would probably tone down the colors in the background since they are a bit on the fluorescent side. Can't wait to see all the new images you created up at the Alligator Farm!