My initiative preference so far

 Having played OSE and B/X style initiatives ONLINE with new ppl, I can't say I like it. It is too uncoordinated, and my turn has been skipped before. It's just not clear the way some DMs are doing it. 

1. Draw your movement.
2. Declare if spellsEtc. Sometimes they never ask (because low levels get so few spells). 
3.  Ranged. 

And then the old school guy who does make you declare spells, it still gets messed up (well partly b/c he started doing semi random initiative mixed in with B/X rules so it is super unclear what is right in his game). 

So my preference is good old 3rd edition or 5th edition cut and dry, everybody rolls, then you get your order. 

NOTE: Shadowdark Init is weird. The highest init roll goes first, THEN everybody goes clockwise. Can't say I prefer that. And how the heck do you do that online. And does that mean monsters always go last... except monsters do roll init. Now I'm confused.