Layout of posts

So I have been playing around with the layout of my posts and where the photos are placed as you can see by my previous effort.... Just curious - is it easier to read when the photo is placed by itself without any text to the side of it, or does it look ok when the photo has the text around it? Seems that an awful lot of space is taken up when a lot of photos are posted..... not that it really matters, but I'd love some opinions :)