Which is more efficient?

Which of these is the most efficient way of rendering html?  It's obvious
which one is easier to code, but which one would actually parse more
quickly?  In the abbreviated examples below, the difference, of course would
be negligible...but consider a page of a few thousand lines of rendered
HTML.

SCENARIO #1:
----------------------
<?xml version = "1.0" encoding = "UTF-8"?>
<xsl:stylesheet version = "1.0" xmlns:xsl =
"http://www.w3.org/1999/XSL/Transform">
<xmlRoot>
<table border="1" cellspacing="1">
<tr>
<td>abc</td>
</tr>
</table>
</xmlRoot>
</xsl:stylesheet>


SCENARIO #2:
----------------------
<?xml version = "1.0" encoding = "UTF-8"?>
<xsl:stylesheet version = "1.0" xmlns:xsl =
"http://www.w3.org/1999/XSL/Transform">
<xmlRoot>
<xsl:element name="table">
<xsl:attribute name="border">
<xsl:text>1</xsl:text>
</xsl:attribute>
<xsl:attribute name="cellspacing">
<xsl:text>1</xsl:text>
</xsl:attribute>
<xsl:element name="tr">
<xsl:element name="td">
<xsl:text>abc</xsl:text>
</xsl:element>
</xsl:element>
</xsl:element>
</xmlRoot>
</xsl:stylesheet>

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