Actually, the first is unusual because it is traditionally made on an earthenware dish in the oven, instead of in a paella on the fire. But it looks nice still.
But peas and peppers are something that you definitely don't put in a paella rice. The only Valencian rice that I've ever seen (and liked) with red peppers is a tunna paella from Alicante.
On the other hand, red peppers filled with a rice and meat sauce with herbs, cooked in the oven, are excellent.

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'Dardanidae duri, quae uos a stirpe parentum
prima tulit tellus, eadem uos ubere laeto
accipiet reduces. Antiquam exquirite matrem:
hic domus Aeneae cunctis dominabitur oris,
et nati natorum, et qui nascentur ab illis.'
We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light.
–Plato–
'Many people, I believe, wish for a society where faith, decency, pro-life convictions and national self-determination within Europe can flourish; and not be swallowed up in a dictatorial EU bureaucracy.'
–Gerry McGeough, Irish Nationalist and POW–