Recipe #1 is for use in reef aquaria whose pH is normal to low. In practice, more reef aquarists end up choosing this recipe than Recipe #2. It will tend to raise pH due to its alkalinity part's elevated pH, as do most of the commercial two-part additives. The increase in pH depends on the aquarium's alkalinity and, of course, on how much is added. Adding on the order of 0.5 meq/L of alkalinity increases the pH by about 0.3 pH units immediately upon its addition (and even higher, locally, before it has a chance to mix throughout the aquarium).
If you are using limewater (kalkwasser) and the aquarium is at pH 8.4 or above, this recipe is not the best choice. Otherwise, it is likely to be a good option. It is twice as concentrated as Recipe #2, because the baking process makes the baking soda more soluble.
Recipe #2 is for use in reef aquaria whose pH is on the high side (above 8.3 or so). It will have a very small pH lowering effect when initially added. The pH drop achieved will depend on the aquarium's alkalinity and, of course, on how much is added. Adding on the order of 0.5 meq/L of alkalinity drops the pH by about 0.04 pH units immediately upon its addition.