LT,Dear rachelkitty,
This is my standout fave carré of the season and I love both those c/ws (as well as most the c/ws I've seen on h.com plus 06 that cavalla uncovered!)
I wore the 04 yesterday with a very dark blue top and blue capri pants (and the navy Ilana espadrilles-woohoo) and tied it in band + a simple knot - which is not one of your beautiful mod shots. I am very glad for having picked this c/w first, thanks to the lovely tPFer who first modeled it on this thread.
Now about you, what color clothing do you love to wear? If you do wear lots of neutral classic colors, then you can't go wrong with either 03 or 04. For warmish weather if you prefer lighter color clothes, perhaps the 03 though. I can really see both 03 & 04 working with LOTS of clothes though!!!
Good points all, both r fab...