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I prefer something that intuitively matches up with the $ value of EV for the entire hand - and ignores the previous streets where this is unreliable.
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How about a method that weight's previous streets? I think it might be better than both methods.
I'll explain with an example, and I'll take AA against TT instead of AA against KK (cause TT can fold on other flops, KK against AA it usually ends all in always).
Stacks Pre Flop are 1000.
Pre Flop bet is 4BB, $40.
Flop now comes Td7c3h.
Equity on the flop is:
91.41% for TT and 8.59% for AA
Now we calculate the equity pre flop.