I am trying to reconcile the two ways of forming SU(2) singlets out of a pair of doublets.
Method (1): If $v=\begin{pmatrix}v^1\\ v^2\end{pmatrix}$ and $w=\begin{pmatrix}w^1\\ w^2\end{pmatrix}$ are two SU(2) doublets, then I can form a singlet by taking the antisymmetric combination:
$$(v\otimes w)_\text{singlet}=\epsilon_{ij}v^iw^j=v^1w^2-v^2w^1$$
Method (2): Using the same objects from method 1, I can form a singlet by simply taking the conjugate-transpose of one of them, say $v^*=\begin{pmatrix}v_1^*& v_2^*\end{pmatrix}$, and contracting them straight-up:
$$(v\otimes w)_\text{singlet}=(v^*)_i w^i=v_1^*w^1+v_2^*w^2.$$
So are these two different ways to form singlets? Is there a way to understand this from a more general point of view, say SU(3)? Also, in elementary quantum mechanics, why is it that when we form spin-singlets out of wavefunctions using method (1), and not using method (2)?