This is likely the same discussion the FO is having right now, but with all the inside information. I'm sure they evaluate, at least weekly, players performance and how they can improve the Twins and the player.
That said, IMO, #2 is the best for now, with a short leash on May. There is nothing wrong with sending him back to work on any weaknesses under less pressure situation. Its done all the time and certainly should help his long term development, if there iare areas to improve. Likely all this will sort out in the wash of time.