![Cool 8-)](./images/smilies/icon_cool.gif)
I'd say of the two, I'd pick your first. I like the radial balance with the images as the centerpiece. The navigation is easy to find and follow. I like the primacy of the images and how the eye is drawn to them. And the contrast of the design is appealing.
I think what would really help your design out is the addition of a texture or two to make it warmer and more inviting. Check out Alexis' designs for inspiration. I'd also loose the green on your secondary links at the bottom. Maybe try a brown, maroon, or dark red. Also try some fonts other than Chancery.
Otherwise I think you have a good start here. Nice effort! Keep it up.