I was leaning towards color too - this is the nativity scene at Temple Square in Salt Lake City...just wish it wasn't mobbed with people at the time I was there.
I'm the opposite on this one... the b&w... I would have liked thecolor better, except the color of the door over the statue top left detracts from the statue... in b&w that distraction is removed and you suddenly have a balanced composition.
maybe cropping out he right arch (and some of the left) to a square format... and desaturating the left one to match the saturation of the building facade would have me preferring the color over the b&w.