I like this image much more. It effectively highlights the detail of the chain by using a narrow depth of field. Some cropping (with zoom) or in photoshop would be effective to remove some of the perimeter elements that don't bring anything to the main focus on the chain.
Cool. Super narrow depth of focus. Perhaps it would be a bit better if you were looking down onto the top of the fence post a bit more, set the plane of focus on the front edge of the log, or close the aperture down a bit more to broaden the range of focus.
This is more of an example of a narrow depth of field, however I think that works better for this particular composition. If the scraggly sticks in the background were in focus, it would be more of a distraction than anything else.