Hmmm, v1 ftw imo. But Photobucket's being a bitch. I had to quote you and copy+paste the URL to see the sig -.-; Anyway, nice sig. Effects are cool, but I'm not too fond of the text, but that's just probably me. Also, his right hand(left to us >.>) looks odd :/
The depth is good and the colors aren't too bad, but idk about the effects... I mean there's nothing wrong with the c4d, it just looks pretty simple, like there's no real concept to it. Basically it looks like you took a stock bg, guassian blurred it, added a c4d, added a render, added another c4d, added a small bit of lighting and then your text, and you were done... I'm not sure, there's nothing really wrong with it, it just doesn't appeal to me i guess.
I can't see any differences between the two variations....<_< But, I think the overall outcome isn't bad....Maybe it should be called Snake out of the box...lol j.k.
I'm not liking the C4D placement in the lower region of the tag if you get my drift.. It looks unusual.