I also prefer Wangan Midnight : Maximum Tune 2. tbh I only played them once, both in Tokyo about 1 and a half years ago, but Initial D is a little too arcadish imo, whereas Wangan Midnight has a good balance.
I like Initial D v3 better than Wangan Midnight:MT2. Maybe its the fact that all the "ub3r cool azn boiz" always crowd around me when I drift Akina in a stock FD.