It's really monochrome, but the first one has a red spec so it's a color clash. Second one. But I don't like it. :-/
Same here, I havent made anything in a long time, and I was watching MLG Toronto so I thought Id open up Photoshop, lol
The second one, but move the text farther to the right and down so its in the black, and maybe make it the white on v1. Also smudge the central light thing more to the right so it goes with the rest of it.
v2 the red spec clashes(I know its the same reason but...) I really don't like it but...anyway the second one looks better
V2, because V1 has some red just kinda "there" and it ruins the sig, V2 has better colour of text as well. Try just blotching out that little red in V2 as well it draws my eyes toward the red instead of looking at entire sig.