I see the effect however, its a hard to say the page load reduction you achieve. I think you would be better off optimizing your image code. See the following link.
The following Y-Slow issues need attention.
Specify image dimensions
Other than that the site loads well.
Hi, I heard about Lazy load jquery funtion which loads images only when user scroll down and prevents unwanted downloads and make better pagespeed. Currently I am using it on some of my pages like http://www.apnatimepass.com/wallpapers.php. I wanted to know if there is any bad or negative effect of this jquery apart from seo.