I think another consideration is whether you want to be a hobbyist or an athlete. Any other physical endeavor requires some amount of actual dedicated conditioning. Why should a martial art be any different? There is an "eastern" ideal of the "martial scholar" that seems to be emphasized in the traditional CMA's. But the "western" ideal of a "combat athlete" may better serve for a true "fighting" method. So I guess I'm saying I would lean towards option 3 like anerlich.

Keith