I'm with Baggette - being in job search mode, I've learned to write to the audience and have a resume tailored to each job application. One for graphic design. One for tech writing. One for management skills, etc.

The question becomes not, how do I describe myself forever in five paragraphs or less, but, who am I writing this to, and what are they likely to be interested in? If you are writing for the fan base, then I'd go with the first comment. If you are writing for the people who might be going to give you money, you write what THEY want to know. My two cents.