The only advantage of the second way is that unlike the reports, you can get all data columns on paper, even if the table width greater than the page width. In all other cases you should use the reports, which provide many features to customize printing data.
Simple printing the table is activated by choosing Tools | Print Table Data....
There is also an ability to quickly print the current record.
Printing Data of Special Types
You can print data from MEMO, CLOB, or graphic fields in Blob Editor or using reports.