In my own restricted experience, once I'm out of the restart envelop and no chance of attaining it (too slow, too badly a mess in the engines) then I would seriously configure the aircraft for the best glide condition to achieve the softest landing. Half-way neasures either way don't sound to me like they are wise.
I couldn't agree more, but the glide to land is your only backup plan.
I wonder what the stats are for successful restarts after 2 (or both) jet engines shutdown in flight. Success would depend on the cause of the shutdown of course. Then you have a possible extra factor such as the GE34 "core lock" problem which the NTSB is looking into for this particular accident.
If someone feels that an engine restart is better than an engine out landing, I would agree absolutely. But if you can't them restarted, than a glide landing is your only other option, so I think you said it correctly.
Half-way measures either way don't sound to me like they are wise.