I wouldn't do option 3 right now.
By doing option 2, you leave yourself room to do option 1 if you have to later on in the season.
So #2 for me.
12 teams limited keeper (keep 6 + 1 Rookie)
Weekly H2H points only
13 round draft - Unlimited Trades - No Waivers
4 Team Playoffs (last 2 reg. season weeks)
Year 6 (2012-13)
Start : C RW LW Utility D D G
Points are : A - G = 1 pt W = 2 pts SO = 1pt
C - S.Stamkos, L.Couture, M.Granlund, D.Stepan, T.Ennis
LW - L.Eriksson, J.Frazen
RW - T.Purcell, B.Wheeler, K.Versteeg, J.Silfverberg
D- E.Karlsson, J.Johnson, A.Markov, S.Elliot, J.Spurgeon, JM.Liles, N.Leddy
G - A.Niemi, C.Anderson, J.Harding, S.Varlamov
Year 5 Playoff Champ
Year 6 Playoff Champ