Much better. See how much more you can see of the screen, and how that would definitely help you in a dogfight?
Personally, I'm not sure why, but the overall feel of the HUD just isn't "doing it" for me - they just seem too blocky and not sci-fi enough - but I don't have a concrete idea of what would. You might try plzying with some other graphical representations, if you want.
Either way, though, it's getting much better. Good job.