Well, sharprm.. why do you say he looked better in the first version?
Because of his cute looking, or because he had less colors, less contrast and such things?
Your edit is pretty nice, and I love the way you did his gautlet and his spaulder, for exemple. Also, the way you smooth the transitions seems pretty good. I'll definitly take a closer look at that.
However, I don't know if i should keep the design of the first or the last version... I agree that he's cuter in the first one, but the last one look much more mature...
Could other people give me their opinions? I don't know what I should do...
PS: As for the way he's carrying his hammer... let's say he's really strong