I would say either my way or the right most one, although red bar bit thinner (1cm, 1.25cm max or 2/5-1/2 inch)
I would use my style, because if you put the text on top each other it looks cramped and leaves too much empty space on the sides.
But the artist has the final saying!

BTW: Did you take a look at the cover raws I uploaded, I mean are the usable?
I will probably scan more tomorrow, and if needed can rescan the old ones too.
EDIT:
600th POST!!!