I've been away for a while and come back to find out that you've been discussing one of the great horror films from the 50s. I love this film. It should be in every horror fan's collection. Atmospheric, ambiguous (like all Tourneur), and extremely sophisticated. Brilliant film! I like both versions - but I think think the shorter version might actually be more effective...
"Yes, let that night be barren; let no joyful cry be heard in it. Let those curse it who curse the Sea, those who are skilled to rouse up Leviathan."
Job 3: 7-8