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tedster - 11:10 pm on Dec 10, 2012 (gmt 0)
The shorter, 2-word phrase is much more competitive and a lot harder to move. It's generally easier to get traffic for the longer phrase that CONTAINS the shorter phrase and then, over time, there's a better chance that you also begin to rank for the shorter, more desirable phrase.
Just don't try to do it all with internal anchor text alone - you will usually get penalized at some point along the line for that.