3rd ed. They allow the DM a lot more flexibility, and do make slightly more sense than 2nd ed once yo know the ruleset.
The common complaint is that 3rd ed allows players more power, but the DM can control that under Rule Zero if desired.
As for the complexity, I find them more or less the same. 3rd ed notations look more complex, but once you know what they all mean its actualy quite simple.
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