Stripey looks better. Also, I think it'll look better without the "Stars", the white dotty things. Maybe trim the edges in some fashion for extra style points.
In my Opinion the Colours, on the Lines and the Space Background should be more fluid. Especially the Colour Change on the Lines is abrupt.
I made this one with messing around in Photoshop. I always wanted to create a Signature of my favourite Car. So I found a few epic Pictures on Speedhunters and tried to create something grungy.
"Who is it doing this synthetic type of alpha beta psychedelic funkin'?"