I can see what you were trying to do with the second image, and I have a couple of suggestions for it.
1: The text is cool, but having it overlap the image like that compromises the effect of the image, and clutters things up. I'd reccomend finding a way to have the lettering not occlude the ships at all.
2: A better way to generate the effect you're looking for might be from a different perspective. Try having the two fighters very close to the side of the ship, much closer than they are now, and then setting the camera up so it looking down the side of the ship towards the fighters, as if it were looking from a third fighter ahead of the other two. Then, instead of motion-blurring the fighters, motion blur the ship instead. The effect should be a lot cooler.