Thanks for all of the great comments on last week's fabric selection debacle. It turns out that yes, you can have too much fabric and it just serves to make decisions more difficult!
But in the end I went with #2, the popular vote and I'm happy with how it's turning out. Pattern pieces are cut out, the top of the dress is coming together, and this Thursday's class will finish it all off.
More soon as it actually takes shape instead of awkward piles of sewn-together bits.
sidenote: I cannot believe that I am managing to successfully sew something that does not involve just straight lines. Of course, I say this with the dress only 1/3rd assembled. There's plenty of time for me to ruin it yet.