I prefer the first, realistic looks way more cool, while maybe just ONE object being colourized gets it a slight touch of "myth" to it? could be her hair being blond or a or simple things to notice?
But isn't it similar for e.g. dvd-covers if they're designed in 3D or just shiny surface, maybe by a layered-level the more to flip the more it fades to a different pattern?
Which is a disadvantage compared to gifs or virtual games, over printed one's that can be in either plastic or steel-boxes (thinking of harrypotter's newspapers featuring moving images)...