In both scenarios of hyd failure and t/r failure you would definitely try to keep flying at all costs . I see no difficulty in continuing to fly with hyd failure . T/R failure would require a decent airspeed to be kept which may be difficult if trying to dodge wx ... I would elect to keep flying , or trying , at low level towards dry land regardless of what had gone wrong .
As someone else said , transparency is not an issue in the cruise or if you have a hundred ft or so to recover .