I think the second chart is much clearer. However if the purpose of the first one that in the OP is humor, then the mildly confusing/crazy set up makes sense.
I also think the Franklin chart would be much less offensive to some if it didn't have the odd statements in quotations. THAT part is what made me dislike it. The statements themselves seemed judgmental whereas the second chart included a definition instead of a statement that could come from someone that falls in the category.
@Scott - Why do you think commercial sex should be a part of the charts? Not trying to pick on you, but I feel like it would generally fall under one of the other categories (i.e. hiring a prostitute = promiscuity OR cheating, hiring a pro-dom/me = open relationship or cheating, etc). I'm curious how it could form it's own sub-group.
This whole chart thing has made me agree with those that think labels suck!