if punches thrown is a factor then i concede my case, quality of punches and effectiveness belonged to penalosa.
penalosa wants this fight and is not scared of dpl. Afterall, his monicker "fearless" is not without substance. If you watch the first fight, the size difference is so great, however, not once was penalosa ever tested with dpl's power. Penalosa was practically unmarked after the fight because most of the >thousand punches thrown by dpl either hit the gloves, elbow, or air. In contrast, DPL had swellings in his face. He was repeatedly tagged by a counter. A classic example was in the second round. Here is the link: http://www.youtube.com/watch?v=1Xt9twP5HMs The problem with Penalosa is that he throws very few punches but his defense is par excellence. You can not find a better , active fighter with his defense. Even in the Gonzales fight, Gonzales was winning not because he was connecting but because he was throwing more punches. If the DPL fight happens, the same pattern would probably emerge. DPL can not get reckless with Penalosa because Penalosa has a very respectable power. Likewise, you can not expect Penalosa to trade with DPL because it is obvious where the power lies with.
Great rematch, it is still fresh in both fighters minds, first time I sensed Ponce De Leon had to change his approach and box effectively against a very dangerous, seasoned power counter puncher... De leon is definitely the DarkHorse of the 122 pounders and should get a big rematch with Caballero or a fight with winner of rubber match Vazquez-Marquez if Penalosa doesn't get him like he did to Jhonny Gonzales, still Mexico vs Phillipines!
Man this sucks, De Leon should be moving forward with other opponents instead of taking this rematch. Pointless fight IMO. I think he should be fighting Caballero or another ranked fighter from his division to get closer to Rafa or Izzy.