Re: Which logo you prefer?
Don't take it too personal, but they both aren't appealing. Is this logo for this website? Using the original logo, I would first eliminate the blocky text and use something like an Arial font and enlarge it. Then apply colors to see which one stands out but not too bright. The rings is symbolic so we'll have to cut that out and strategically place it with the new text.
*Fact: Microsoft Window's Blue Screen of Death vs Computerforums.org's White Screen of Death. Which is worse?