I'm torn, and need your help

The Black & White World redesign is moving along, but I'm torn between two very different approaches to the homepage design.

This one is similar to how the interior pages will look. Too busy?

This one is a more minimalist approach. Is less more? I'm leaning towards this version. What do you think? Please leave a comment in the next couple of days. (Yes I know some of the links aren't working yet.)

I'm torn, and need your help