OMG- those are both excellent!  Really raises the bar!  I have to post mine later today when I get to my home computer; I also chose option 1 and sorta reversed the perspective to focus on Bruce's expression, but still came up with a way to show his father's mask.

Edit: here's my entry.

 Cool beans Greg...young Bruce really looks mesmorized. A great rendering of Mrs. Wayne, Definately comes across as a middled aged pretty woman. You show a very definative line  in you work that I  am still searching for . The mirror reflection was a great idea.  hats off to ya...

Steve's work is as always Dynamic as can be. The inking is superb. Did you use brush on this at all?  you are the king of action sequences thus far.... cheers

Very good showing! I like all the different takes on the assignment.

Michael- Good job, I think you did a great job capturing how the costume made a big impression on young Bruce, the Batman shadow is a nice touch.   - I inked most of my piece using a Hunts 102 nib.

Marcus- I cheated and used computer lettering, I tried to hand letter the page, but it didn't look quite right, so I added the computer lettering after I scanned it in. 

Greg no wonder you were anxious to post your piece it really turned out nice! The way you created the Batman reflection in the mirror was really cool. You also have a nice inking style. You captured some nice emotions in the characters faces.

Gary- That's a nice recreation, look forward to seeing your efforts in the next assignment.

Mark- Can't wait to see what the finished piece it looks like. You've got a good layout for an awesome piece. Make sure you post it when you're done.

For everyone else that has unfinished pieces, finish them up and post them... better late than never.  It's not work or school, it just a hobby. I think this should be fun, so don't stress about posting them late, we just want to see your take.

Darren- It's probably your turn to create an assignment. We will wait patiently for your orders. 

Extremely nice job guys!  I know, I know...I'm the one that came up with this here particular challenge and I've yet to post. Due to unforeseen circumstances, both technical and family oriented, I won't be able to post until next week. Altho after seeing what's been presented so far, I feel mine may be a bit poor in comparison.

Steve - Damn dude you went the extra mile...good showing!

Michael- Nice composition. Has a real "rich" feel to it.

Greg - Another great composition. I'd have never thought of using those angles and it turned out great!

Gary- JL Garcia Lopez is one of the best draftsman I have come across and his Batman is phenominal! Your recreation is right on the mark.

Mark- As Steve stated I can't wait to see what the finished piece it looks like. The layout is great and I'm anxious to see who is being portrayed along with Batman.

Now if we could just get that Darren guy to wake up and get on da ball...lol.

FYI: JB is issuing another art challenge the details can be found in this thread:

http://qurls.com?i=1650

Greg- That would be fine. With the other challenge going on, be prepared that there may be a small turn out on this one. 

Can you define the objective of the Alpha Flight assignment a bit more?  I'm sure there are others that'll find the four page challenge a bit much and would like something else to work on.