initial thoughts. I like the more centralised, integrated feel. Overall colours seem fresher and it's good to give greater prominence to the podcast. However, I think there are too many text options when users need to have easy, instant links to the main fields. Ibiza News, Club News and Spotlight Podcast should perhaps all be hyperlinked in bigger fonts to recent archives with most recent appearing at top maybe?
the orange bar looks a bit too easyjet perhaps? maybe a different (multi?) colour scheme would work better with so many categories, although the respective fields related to clubbing, accomodation and general tourism could be merged to make it easier for people to initially identify what they are after and then bring in the sub-menus once they're in? Otherwise perhaps a bit cluttered at the top as it stands?
on a less important aesthetic level, I would introduce more classic imagery as a backdrop (although ensuring it didn't interfere with core information) obvious stuff like sunsets, whitewashed buildings etc perhaps using flash? (+ sounds of crashing waves or a guitar or the blow monkeys passionara every time you change menu?)
generally though, a noticeable improvement on before.