I like option 1, period.
As a player, while I'm aware its far more efficient to have a host of minor items, I just get more enjoyment out of spending all my hard-earned lucre on a few powerful [and often silly] ones. Recently, my current char. spent damn near all his money on an animated +2 glassteeled tower shield [props to the DM for reintroducing the glassteel spell just for me and my new shield].
Now there were far better uses for that gold, but seeing as I only have one simple goal --which is enjoy myself-- I found it virtual money well spent.
As a DM, my players don't really have a choice: the get a blend, but its more 1) than 2). That's just the flavor of the games I run.
As a player, while I'm aware its far more efficient to have a host of minor items, I just get more enjoyment out of spending all my hard-earned lucre on a few powerful [and often silly] ones. Recently, my current char. spent damn near all his money on an animated +2 glassteeled tower shield [props to the DM for reintroducing the glassteel spell just for me and my new shield].
Now there were far better uses for that gold, but seeing as I only have one simple goal --which is enjoy myself-- I found it virtual money well spent.
As a DM, my players don't really have a choice: the get a blend, but its more 1) than 2). That's just the flavor of the games I run.