The vampires in True Blood are definitively the better vampires, but when one thinks about it...
The "vampires" in Twilight can't be harmed by anything else than a "werewolf's" teeth or another vampire's fangs. They could just bring a stake and stab the other, or silver and tie them down until dawn. But I guess they wouldn't have the brains for that, so the vampires of True Blood would totally win :3