I didn't go for the second option as by this time the Dominion had already stated their intent and had frightened the Federation by suicide-ramming and destroying the USS Odyssey, and didn't have to prove their point again lest they risk all-out war, which tactically was too premature in their plan to feel their way into the Alpha Quadrant.
Nor did I go for the third option as it was as much as could be expected for an experimental ship banged together in order to fight the Borg, and now having to cope with this new menace.
For its brave performance against overwhelming odds, and with powerful but poorly managed equipment, I went for the first option.