Thanks for your feedback Guzzi. I prefer the second too. Like you, I am not a fan of the overcooked HDR and was happy how this one turned out (most of the session was single exposures with a 3 stop ND; I think I had removed it by this time, but I don't recall). I googled this pier and most images are of the overcooked variety. I kept some clipped shadows under the bridge in PP (actually very little was done other than the merge) which hopefully kept some of the scene's integrity.
This under the pier perspective was the last of the morning; had I known how cool the underside of the pier would turn out, I would have taken more from this spot. I plan to go back next weekend and see if I can improve upon the shot.
Thanks again.
EDIT: I forgot to mention the halo line along the rail. That needs to be cleaned up.