Well, your pricing needs adjustment...not $24.99 vs $11.99..it's $24.95 vs $11.25...Kidding ;-)
First of all, you've got to pay Rick for his video 'training' in the $24.95 version.
Is his input worth it for this simple effect?
We'll leave that discussion for another time...
Do you have any experience with 'bite out' effects like this or coins? They all 'work' the same for all intents and purposes.
One thing, with CB+, you actually split the cookie and eat half the wafer (you cannot do this with the original...the whole cookie is bitten there).
So, in this case, in my opinion, check out the newer version, CB+, and save some money too.
Best wishes...