I love the old names too...my daughter is Lillian :) I like Estelle better :)
I have. How ever I am in love with old lady names apparently and rather like the idea of get having a name to be shortened. I always liked,names like that.
I think I do like the shortened versions better, both are cute but I think I prefer Estelle too...have you considered just going with the name that you'll actually call her?
I LOVE both of the short names, but I think I like Estelle better!