As much as I like both of them, the first wins out for one simple reason : Princess Leer.
Sorry, but the first version... sarcastic, witty, and downright unbelieving of the stupidity of her situation... it just isn't there in the second edition. Also, I don't get the sence of pain that a good fingernail scrape down a chalkboard give you when I listen to the first Leer. It made it real hard to listen to the second one for me... having a falsetto Leer just didn't work for me at all.
Other then that though... well... let's just see if, heaven forbid, there is a THIRD Lost Cause... in which case we know that what's REALLY been lost is our sanity.