Court,
If it was me, I'm pretty sure I'd go for the first one. When playing, my arm would be covering up a good piece of it (and of course it would be upside down to me), but when it was resting in a stand or hanging on the wall it would look right. It's nice to think about how it will look to other people, but you're the one who's going to see it the most - and I don't think it's too selfish to give that priority.
Even all that aside, it looks more balanced to me. Of course, maybe none of this applies, and you can't really lose either way. Nice to see that it's coming along.
-Bob