Suppose that permissions for the directory that the file is in got screwed up. (Or you're working in a new environment and they weren't set up right.) Your version gives no indication that anything went wrong. The version you dislike gives a helpful error message that says exactly what went wrong.
That error message can save a LOT of debugging time. Please make sure it is there.
But in practice on a trusted server, this kind of race condition doesn't actually happen. And if you have someone untrusted on your server, you already have a bigger problem than what you're fixing by getting the race condition right.
By contrast the kind of permission problem that I mentioned is common, and I've spent too many hours debugging such issues in code other people wrote. (Ever tried to run old code on a new server that someone else tried to set up? You'd be amazed how many hidden dependencies will turn up...)
That is why I consider the race condition to be less important than the exception swallowing anti-pattern.