Originally Posted by Shap

New is hands down. I think you should make site name more visible it's hard to see the porn deals name IMO.

Originally Posted by J. Falcon

New animation looks very cool.

Originally Posted by Editing.xxx

better for what ?
Depends on the animation purpose.

New animation is more visually appealing and flashier, I would go with this one if you knew surfers will watch it over and over. It does a good job at giving a feel of professionalism to the brand, for the people that already know about your site name and logo.
But if you are looking to promote your site with this animation, only small percentage of people will remember the logo and the name. Probably the ones that replay the animation at least twice because it's cool.

I would at least suggest to tone down the background color quite a bit so logo pops out, it's losing itself in the details and the color. To much flashing elements just to have logo showing 3 sec and glitch again.