I also suggest Option 1 for a different reason. You want to be able to build up and ride the frame for a couple of months (at least) to see if you like it. If not, there's no point in going all-out in any direction; strip the parts back off it and move it along. If you do like it and think it's a keeper, then you can start making more permanent decisions re parts and finishes.
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"I'm in shape -- round is a shape." Andy Rooney