I'm a fan of this one. I really enjoy the wood texture very much. The blanket adds some nice color and pattern. The main difference though I think is that I prefer the arrangement of the three horseshu's in this image. (I agree with Ricky about the top left)
I think I like the structure of this one over the previous for the same reasons we both liked Don's grid background. I would do something to remove the dark upper left area. I don't think it can't be cropped because the top horseshoe is too near the top. I like the variety of textures in this one.