It depends:
Trying to shoot through glass cases in museums - not petal/flower shape because you get reflections from the corners (and security guards get excited when they hear plastic or metal hoods "clunk" into the glass). I prefer an oversized rubber 3-way hood on a step-up ring.
Older lens where front element turns when focusing - NOT petal/flower shape - it's just too annoying to keep adjusting the hood. I generally prefer the metal tube type because they are more compact. On short lenses, I've also experimented with using step rings as hoods, similar to the 40Ltd hood. Since older lenses tend to have less flare-resistant coatings, deeper is usually better. With a cropped sensor, you can usually get away with using a "normal" hood on a wide lens, "tele" hood on a normal lens, etc.
Getting close to flowers with bees - I've read that bees don't like the petal/flower type, because it looks like something grabbing at them. I've never been stung either way, but YBMV (your bees may vary).
Otherwise, with modern lenses, I generally use the hood designed for them, which is usually a petal/flower hood for wide angle, and a tube for tele.
Last edited by THoog; 01-17-2015 at 11:40 AM.