Yes, I think the wood looks better over to the side. How far out from the side of the tank is it? Can you get your hand down there to clean the glass? (sorry to harp on about it, but my driftwood hampers my use of the gravel vac at the front, and it is a source of irritation).
Yes, I agree with burnsbabe - we should decide what pleases us with our tanks, we're the ones who get to see them every day and if we like it, all well and good.
Another thing - when you've got real plants in your tank, the landscaping isn't static. When I first set up my big tank, I moved my driftwood until it was "just so". The first time I shoved my gravel vac in there, the wood shifted.... My plants went rampant and you couldn't see it.... Deciding precisely where to put it was pretty much a waste of time.
Some plants went crazy, others haven't grown much, others are a bit leggy and scraggly looking. I had the
Water Sprite in the front, now the sword has grown up and the
Water Sprite is gone (just from that spot - I have it floating). Everything is constantly changing so how it looks now isn't how it will look next month, or the month after (although with swords, yours shouldn't change as much as mine did).
There's also nothing stopping you deciding to move your decor around if the mood strikes you. You might find another piece of wood, or a rock that you really like and think would suit your tank. It's part of the fun of having a tank, looking at it and thinking how it's changed, or what you could do to it or fiddling with this and that...