>Which do you find more readable and why?

Actually, here's something to consider. If you find it readable, write it that way. If I'm programming for you and I find it readable the other way, let me code it my way. That is the most productive I can be. Learning to change my practice to suit you slows me down and does not really help you.

I've adapted to the point where I can read anyone's style, and still have my own, so it doesn't matter to me either way. :)