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    Hi, and welcome to Academia.SE! Unfortunately, I'm not sure that your question has any sort of objective answer: which path is best tends to vary wildly with personal preference and how well matched the person and institution are.
    – jakebeal
    Commented Apr 8, 2015 at 21:59
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    For your 3rd question, see here: academia.stackexchange.com/q/90/19607 (in particular, the end of JeffE's answer)
    – Kimball
    Commented Apr 9, 2015 at 2:23
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    After further and closer look at this question, I decided to retract my close vote. I think this is an important question for those who are seeking graduate school admissions and/or transferring schools. It is opinion-based. However, many who come to our site are looking for expert opinions..
    – Nobody
    Commented Apr 9, 2015 at 5:30