I like the CD one better too, but that second coloured animation looks retarded. His face reminds me of Batman from Adventures of Batman and Robin on Megadrive (autistic bird-pointy face). They need to make him fat and short like the old games, but not turn him into some grotesque, freakish spawn of anime. He is supposed to be a round rat, after all, not some tall skinny guy.
Also I never liked the Super Peel Out. Sure it looks cool, but you just bang into enemies so you may as well just do a spindash for the same thing, except with less vulnerability and having an attack. It also causes fire to come out of his feet, which may cause a problem for Tails.