I have said it many times but those posts are perhaps lost to the depths now. So where to begin, GOF 2 started off been a way to give the fans of COAS and GOF a stable version to play on while we waited for MK to release his Era's mod with that no longer available GOF 2 is the latest GOF mod around and sadly for many the Era's mod that was released was to buggy and they returned to GOF 1.2 or GOF 2 in the hope that Era's would be fixed soon and maybe MK will one day release Era's again but that is something I can't say for sure and something I don't wish to get in as its also something I no little about. So while we waited for Era's to be released I went back to GOF 1.1 and removed all the ships leaving only the stock COAS ships in place and slowly began porting in the ships that we have now. More ships equalled stability problems and by removing many of those ships stability was improved as was uniqueness for the ships that did make it and it added a little more realism because big ships like MOW's wasn't seen often in the Caribbean. To keep the game fun though and not to realistic it was obvious some large ships would need to be included, but I wanted to keep them as low as I could to keep the idea of all ships having a unique feel to them while also contributing something to the mod other than been just another ship in the game.
As things began to progress features from GOF 1.2 was ported in and some things was changed to improve the way they worked like realistic costs changed as was the more recent RTBL settings, even some mod switches was added to give the players more choices for the type of game they want to play. Hylie Pistof has fixed and updated a lot of ships and continue's to do so, these things that to some might be small make a huge difference and I have great respect for him for taking the time to do this and I hope others will some day follow in his footsteps and either help out or for a team and make a great mod even if its a continuation from our own work here in GOF 1.2 or even GOF 2.
So basically the answer in short is GOF 2 is far more stabile and balanced than GOF 1.2. I say try them both and then decide which version you like the most.