It seems to me that option (2) can't result in anything worse than option (1) so that's what I've chosen. Others may make different guesses as to the risks and make different decisions.
I agree with you GTW. That's what I've elected to do. I don't believe this is "burying my head in the sand" as others have suggested. It is simply that when there is so much uncertainty, it seems more sensible to wait until the dust settles than be panicked into an unwise action. Especially if that action involves parting with money.
You are of course correct Bose-X there are certain differences but the principles are still valid.