Hello, i have skimmed through most of the replies on this thread, it's an interesting one.
I didn't see your first version, but here are my thoughts on the current one, excuse me if I repeat what other people have said:
1) Get rid of the loading screen, it's almost as annoying as a flash intro. If the website is painted gradually then I can start to figure out the layout before I hit the content.
2) Get rid of the 15 seconds paragraph, as someone already mentioned I have already spent 5 seconds reading that paragraph and it's difficult because it's white on black... oh, and also it's more like 5 seconds, believe me if I surfed in from Google I wouldn't stick around for more than that.
3) Your thumbnails for your sites are too small
4) I wouldn't bother with a coming soon section, to be fair your design work isn't that great, so your work in progress stuff isn't going to be much better.
5) By all means have a T&Cs link in the footer, but put that info on a different page.
6) On your contact page your form of captcha is bloody hideous! I don't even know where to start, let's spare a thought for those who don't own a Phd in captcha forms, or even for those who use screen readers. Personally I wouldn't bother with one, just filter out the spam manually.
7) Put your CSS in a separate file

This is just a point, but your mark-up is pretty poor, consider finding a basic CSS template and learning by copying.
ILMV