It's such a personal thing isn't it? I love the dots, I think they're fun, and I like the simplicity of just the word jack. I would use the black/white photo too and if it were me I'd probably add a touch of rustiness because I love grunginess and orangey-ness against blue. But as I say it's down to personal taste really and we're probably all giving you a different opinion!
One thing is for sure - it's going to look fab by the time you've finished :o)
Love the mini album. I think there is too much blue for the cover. Maybe a more muted blue or complimentary color for the photo. I'm not in love with all the dots, however, I selected it as my favorite because I didn't care for all the letters/words on the other two choices.
I think the blue is too close to the background. Have you thought of using an orangish shade as a contrast? Not too bright, something subtle. I like the third option best. I agree that the dots are distracting. Love the mini book, though, and the concept.
As a retired photographer and graphic designer I would believe the black and white is the best to your card... maybe the blue but the tone of the blue has to fade a lot more than it is now