I was simply suggesting adding a connection somewhere along where I added the black line in the middle to get a 2nd reversing loop without substantially changing your overall design. Since you already included the 1 loop, I was merely pointing out the cons of having a single loop. Had you not had the 1 loop, I wouldn't have suggested the 2nd. IMHO, if you have 1 reversing loop, you need the 2nd one or you don't need either one.
I'm torn between using reversing loops or just having the mains close enough in various points to have trains pass each other going in different directions, much like your 1st design would be without the 1 loop. The main reason I like reversing loops is because it gives the impression of going somewhere and coming back instead of just going around in circles.
Unless I'm mistaken, "real" trains tend to go somewhere and eventually come back. A train route may go from LA to Chicago and obviously the same "train" doesn't return, but I don't believe the engine continues on to NYC and then down to Tallahassee on its way back to LA. Like most airplanes, most engines service a given out and back route. When I look at around-the-room designs, I see a train circling the US rather than following a typical railroad route. Even Amtrak, who does serve the whole US, typically has out and back routes to serve specific parts of the US.
My layout ostensibly will go from Wickenburg to Williams to Flagstaff and back. AFAIK, there is no direct route from Flagstaff to Wickenburg, so any design that includes an oval directly back to Wickenburg without going back through Williams just doesn't work for me. While your 1st design does include the connection between the 2 loops, and mine will too, the main operation will be loop-to-loop, going from location A to location B and back. The connection is just there to provide some added interest and options.
Loops are also effective on multi-level layouts where there might not be enough space on all levels for a stretched oval or dogbone along a wall, etc. My 2nd or 3rd level will be a simple loop-to-loop with a connection along the back wall. It will also have a grade to connect it to the lower level. If I use a stretched oval, I have to then make that level 3 tracks wide instead of just too and that will cover too much in my space.
I also think it would make sense to include a connection somewhere between the 2 tracks where I added the 2nd black line on the top. That way you could take a train off the main and back it into the yard without affecting other trains on the main. I originally suggested turning the yard into a pass-through for the same reason, but I've been re-evaluating that suggestion, even for my own layout design where I've been trying to close the yard with a reversing loop. My yard is going to be strictly for storage, so taking a train off the main and backing it into its storage slot makes more sense for me.
Anyway, I think you've given up too much in your 2nd design. I do like the yard design better, but I'm not into switching yards, so I don't know if it's large enough for how you intend to use it. I've given up on an operation yard because I just don't have the room for a decent one, so I'd deal with a storage yard and manually move cars around.
Just my $.02 worth. It's your layout and you only have to please yourself. BTW, what software are you using?