yeah second definitely looks a lot better
the first one looks like old style samurai armour. the more organic you can make it look the better; i feel that is what works so well with the current design. it looks a little "clumpy" compared to the looseness of what we have now but i'm really interested to see how you develop the second one. i'll grow to it i'm sure, especially once you spruce it up a bit.
also not sure about integrating the armoured-legends into the image like that. might work equally well if not better if it's just a title beneath. just my thoughts!