Hello original, meet produced

My friend Hank Wayne Snell, AKA Hank Wright, was moving from Ontario to New Zealand with his wife and kids. I was thinking that he just might be lonely down there, chewing on a kiwi fruit and reflecting on life, so I wrote this song called Hankytown about how he will rise again.
 
Here is the original basement recording the night I wrote it.

Then the nice people at Rawlco Radio picked me to fund a music project, so my friend Scott and I decided to put Hankytown on the album.
 
Here is the full band version.

Which one works best?