Thanks everyone for your input!
I've been spending these few days thinking of my next steps and after a quick "chat" with the SLK, i have decided to add a new option!
Option 7 will be to attempt to fix the piecha lip spoiler with a redesign "Noregret-Customs" style. I figured... what the heck... i have nothing to lose right!
Also a big thanks goes out to Steve (Nevets) for setting my head straight:
"In reality Lenny you have to ask yourself...are you going to be satisfied with the front being just stock...I don't think so, you have a passion for that car and part of that is driven by the mods and look." - Steve Thanks again Steve! 
So Option 1 is out!
Option 3 no one liked, so Car Bra is out!
Once i get the materials for the "Noregret-Customs Front lip fixeruper" I will post some pics. Just need a nice day now...