I really like this new one. My biggest crit is that it is hard to tell where the neck becomes the head...I'd fiddle with it a bit and try to make it more pronounced if I were you.
Also, the shading at the bottom of the neck makes it seem too much like a cylinder...it seems like you should be able to see more of the fret-board from the angle the guitar is at....but it could just be me.
Cool stuff though. I love what you've done with the hair, and the color mixing on the headband is yummy.
Can't wait to see more from you.