I think it depends on your skin tone. I like Naked Palette 1 for me better because the shadows are more warm toned where as the Naked 2 has more cool toned shadows. Overall I think both Palettes are great. I use my Naked Palette daily. I really want to get the Naked Basics palette next. Hope that helps!
I like both of them. I got the first one as a gift and the second one I bought. I like to mix the colors, use them independently, or use them with other colors. I say give them both a try and keep the one you like the most. Sephora will take it back if you’ve tried it and don’t like it. They clean them and use them as testers.