Version one has a cartoon accurate head and the second one has an Orion pax head and doesn't come with the extra set of articulated hands
Yep, both come with the original MP head, and 'toon accurate head. Version 1 comes with articulate hands, while Ver 2 comes with an Orion Pax head. Version 2 also has a darker blue color, and supposedly has tighter/ sturdier joints.