Kevat wrote

Or would you rather have a religion which does not entail a God, but only a set of moral standards to live by? Why or why not?

There is no such thing as a religion that does not believe in something- whether a God or the divine. That is the meaning of "religion". There is no "only" with regard to moral standards. We all have them. Religions help to codify them, but it is possible to behave in a sociable way, that does not disgust other people or yourself, without any divine interference or adherence to any religion. Bear in mind however that some people have horrible anti-social moral standards and profess to be religious- though some in that situation do not. It's a matter for choice, and religion is as optional as anything else.