I'd say "working" site is good as it is -- maybe a few (**few**) designer touches here and there could help, but otherwise it is light and clean, unlike design1 with all the pixel bloat.
Design2 would be ok, but the top portion needs to be redone -- it is to heavy, this blue/cyan field seems a bit out of place with the rest of the page. Login box is too dominant too. Also, I like Alex as he is on the current logo -- softenning him like that -- he almost looks like a pooddle... Then again -- tastes differ...
