I think the comments made by atceng and others, posting similar, constructive advice should be welcomed. EFATO is obviously a situation where there is no time to consider options (ie spend any time thinking about what to do, after the failure has occurred), as by its nature does not afford the luxury of the few seconds of time needed to do so.
I regularly fly out of Shoreham Airport on the south coast of the UK. I consider myself as being reasonably familiar with the surroundings, however in the light of this tragedy I decided to have a close look at the aerial maps of the area (using (Google Earth). I was surprised at the additional insight I gained, from doing just that. I think we should all look at our undershoot / overshoot / EFATO "options," in advance (at our regular airports). I think that previously I had overlooked doing this because: (a) I (wrongly) assumed I was very familiar with the ATZ I use frequently (the pattern / procedure - yes, but not the actual ground), (b) had not considered the other methods (ie use of internet) of studying the areas around the ATZ, in particular the areas at each end of the runway.
Rich