Exactly. This is not a split second decision. It's something that responsible pilots should have considered well before a bad day happens. In fact; arm-chair flying through random, crazy inflight emergencies is very helpful for these kind of situations.
And if we can consider it calmly and come to solid conclusions then it is quite easily programmable.
Adding crashing into a ferry after a loss of thrust in both engines is just your day to die. Sorry but what if it had been total IMC? What if both wings fell off?