#1 I quite like th efact that the words are all CAPITAL letters. Perhaps the word "BOLD" could remain bold in character but make it the same colour as the rest of the text?
I have made this comment to a few designers - I think I (personallly) prefer the balance of #2 as opposed to the centred orientation of the logo in #1.
The colours in #1 and #2 are too conservative I feel.