Simplicity can be your best friend at times, I prefer the 1st (well cept for the V in the middle. Albums don't always need titles)
the 2nd became a bit busy with the sun rays, perhaps seeing them not filled in, just being the outline of the rays can fix this problem. but yeah it would be odd to have an Smack album without the sun
it may be intresting if you were able to reconstruct the star with the rays. doubt it would work right but could be worth a try.