Okay, can I interject something here? Because I have a lot to say.
1. For all of the people saying that one of the entries is "too plain" compared to the other, I want you to back that up. What makes the second entry less "plain" than the first? The texture? The striped background? While you're right, that makes the second entry less "plain", try to imagine the first entry with the same texture, or a striped background. It wouldn't fit. It wouldn't work.
When you vote for an entry, don't compare them by elements that can't be translated from one to another. The only correct variation of "too plain", in this case, would be "the texture fits better" in one or the other. And even then, that's entirely subjective.
2. Who cares if Favo followed a tut? The fact is, Vertigo, you used techniques from a tut just like Favo did. I mean, unless you instinctively knew, from the moment you first opened Photoshop, how to make that lighting effect, or the texture, or the spraypainting, then you can't deny that a tutorial benefited you as well. Favo may have followed one a little more strictly, but there's nothing wrong with that. As artists, we all learn from others, whether by instruction (tutorials) or inspiration (browsing art and taking ideas).
3. One of the things that irks me the most is when someone says "I used x layers, which means that my art is better than the other person's, just because I used so many layers!"
Listen up. When you save that PNG and upload it to Photobucket, or TinyPic, or Imageshack, how many layers does it have then? One. One layer. What does the general audience see? One layer. There could have been a thousand layers put into a piece of art, but if the end product looks like junk, then you just wasted your efforts on a thousand layers that, combined, looks like junk.
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Okay, let me actually talk about the two pieces of art, as that is what this thread is about.
Both have good texture, good color, and good placement. There's nothing I can harp on in that respect.
However, I voted for Vertigo because of one key difference: the supporting effects. Where Favo, in my opinion, overused the vector brushes in his (especially over the T and O) and didn't really clean up the edges (I see some run-over around the R, and some cutoff circles around the T and O), Vertigo's spray paint effects are simple, well placed, and were cleanly incorporated.
Overall, for me, Vertigo took that extra step in making sure everything was polished (and that text certainly looks it). So my vote went to, in my opinion, the more finished piece of art.