Which typeface is better and why?

[Annik]

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Ah, Ha Ha Ha (evil laugh) you've fallen into my wicked web, I got industry awards for my typography.

The first question is what do you want your typeface to do? Are you going for legibility, what size will it be used at and for what media? What message are you trying to get across. Very rarely does one typeface for-fill all the needs of a single graphic design so you should be looking at a combination, how well does this go with that, what image do they give across when used together. Is the typeface supposed to shout, or sit back as part of an overall design.
The bog standard way of thinking about a print ad (which is a good place to start), is that the image attracts,
The heading draws you in, and the text is there to ratify the claims.

So what I am saying, is don't create a typeface that looks nice, create a typeface to for-fill a need, once you have decided what it should do then you can start to work out, what it should look like. Personal advice stay away from designing a text face, These is the hardest to achieve with any satisfaction. So Go for a heading, but think what other faces it might be used with.

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I'm interested in designing a slab serif with legibility and style. This typeface is for Armenian letterforms, and I'm very excited about it. I'm investigating weights and different serifs right now. I could PM you some of my Armenian inspirations. This will be my second true typeface design (not just handing lettering) and my first full one (my first one was upper case only). I'm very excited and I'm starting it now so I can including it in my portfolio class.