Senerio One seems like the best choice. At least that way the cards will all be on the table - she'll probably go running back to the ex and the whole thing will be over except for the holes in my heart and pocketbook which will hopefully heal over time; if the same thing happens later on at least I'll know the right opening move and insure that I guard my finances better.  
... but you know It's funny - I've been alone for over ten years but I never felt lonely during all that time until I met her.

Thanks for the advice guys,
-TJ