I love this shawl and have knit both version #1 and version #2, several times. My only warning is that, with the shoulder shaping on version #1, you really need to measure the width of your back to have the shoulder shape fit well. I'm very small (90 lbs. and 5'2") but the width of the back had be increased considerably, to have the shoulder shaping fit correctly!
When this is done, though, the shawl fits beautifully. Version #1 has a raglan shoulder shape and doesn't need this extra step. Version #2 has a more "fitted" look when finished. Just take this one extra step of measuring your back width and knitting to width, rather than just taking for granted that the shoulder shaping will be in the correct position for YOUR shoulders. Both versions are just romantically wonderful and easy to wear.