I think the first picture is pretty ugly, it looks too much like eclipse.
and what's wrong with eclipse? It does it's job well. It is an IDE not just a editor, and so far has been pretty popular for good reasons. I know it is trendy to bash java, but really what's wrong with eclipse?
Search didn't fully work; accordingly, search and replace didn't fully work.
Workspaces would randomly get corrupted, and code would "build" that really shouldn't build (i.e., code with syntax errors would claim to have built). Sometimes deleting every object and make file cleaned things up, but sometimes it didn't, and I would just have to make an entirely new workspace. (Possibly a bug in our makefile system rather than Eclipse proper.)
Buttons along the lines of "Check here if you never want to see this again" didn't actually work.
Depending on the workspace, I would have to log myself into Subversion over and over and over; generally multiple times for commit/update/whatever. (Possibly a bug in Subclipse rather than Eclipse proper.)
An older version of Eclipse (3.1.1, if I recall correctly) got so corrupted on my machine that I could literally launch if, then just sit there for a minute or two, and Eclipse would die. I wouldn't even have to use it; it'd just die.
In short, I have not had pleasurable experiences with Eclipse. I strongly suspect that my experiences were not the norm, since Eclipse is so popular, but whatever the cause of this badness -- the fault of Eclipse proper or not -- I prefer going back to Emacs. :-)
Honestly, if I hadn't had such weird experiences with Eclipse, I probably would like it. It seems to be a very nice system (or at least it ought to be, when it works right). You can even set it up with Emacs keybindings, which help ease the transition somewhat.