You had me confused there, old dude- and you know how hard to do that is (!); I listened to the "first" recording and my thought was "I don't see anything wrong with the balance" then I come back and read on and find that you had already replaced the first try with the second one.

To me, the balance sounds good. And also, to me, the guitar level sounds fine. If you were using a pick it might have been different because it would have been sharper but with your fingerpicking, the slightly melancholy eel comes through.

By the way, that is my impression from the first notes; you have a nice opening there.