We already know that they'll be doing the VF-11 in 1/60 from the top post on this page by Graham, so option 2 is irrelevant. It could, however, mean that Graham was reffering to this post by mr. March showing a pic of an armored VF-11.
Graham, could you shed some light on this? I hope Kensei is right and we'll eventually see an armored VF-11.