Forgot to ask, for option #2 is the $269 before or after the rebate, ie is it 269 or 249 ?

If the latter that pushes option #2 into the lead for value, I guess.

M60ti, VP180, QS8, M2ti, EP500, PC-Plus 20-39
M5HP, M40ti, Sierra-1
LFR1100 active, ADA1500-4 and -8