That's a lot nicer. But you need to re-encode a special video JUST for the menu, because the one on there has all that nasty overscan noise showing. Go into an encoder and crop that stuff down a bunch. About 10-15 pixels off each side. To be honest, with the nice artwork, is the video even needed? I don't think so, especially since it's just an intro again.
I would also warn some of your elements (text) are coming awful close to the overscan area on the top and sides. Not good. Are you using a template with overscan boundaries marked?
I love the play all button, I would re-encode the video you are using for your menu like LS said to get rid of the tracking/vhs line and then it should be all set to go, also watch the text if it is hugging the overscan because all tvs are different and probably 1/2 might cut the text off, tuck it in some to be safe