The only thing I don't like about this is the fingering. For example,

  E  E   Q    Q     E  E   Q    Q     E  E   Q    Q
|--------3--------|--------2--------|--------3--------|
|--------5----5---|----3---3--------|----5---5----5---|
|----5---5----5---|-4--4---4----4---|-5--5---5----5---|
|-7---------------|-----------------|-----------------|
|-----------------|---(2)-(2)--(2)--|-3-(3)-(3)--(3)--|
|-5-(5)-(5)--(5)--|-7---------------|-----------------|

For the bass notes... why not make it an open 5th string for the first measure and the 2nd note of the 5th string for the first note of the second measure. Fix those kind of things and it will go up.

Personal preference I guess, but I like the way it's currently tabbed.

I don't like striking an open string immediately behind a fretted string (A over A, first note in your cite) especially if it is supposed to ring for a bit.

There are other times where it's done more in the style you suggest (bars 2, 6, 14) but I like the spreading out there.

Well if Yesfan really wants it to be that way then I will put it up like that. To me it's just some unnecessary stretches.