I hate to say it, but Im starting to really like the Basic Fantasy RPG. It has some things I like- fixes Dwarf/weapons, no spells for clerics at Level 1,etc. It has race/class separate- yet keeps the old Moldvay/red box feel. One thing i do not like is the Armor Class= hit roll. Im old school and like THACO and the hit chart. i like plate mail = AC3, not AC17.
Im still a huge Labyrinth Lord fan. I may just use a combo of the two , taking (what i think) are the best parts of both.