Oh, okay, now that I can really see what's in it, (since Renegade pointed it out) I can see Saint Nick, drinking a coke with the words Refreshing Coke in it. xD Yes, please do so. :3
Version Two, is way better. I can see Santa a lot better. Nothing really bad to say. It reminds me of my friend who is obsessed with Coke.
I like the Version 2 better, because of the fact that it can be seen what it is more then what it should be. I do like the effects some, and never really saw the orginality in an advertisment for coke like this. Great Job! (: