I do not understand your point.   How would one outperform the other?   Not a dick question, i actually want to understand the way you look at the two as being completely different risk profiles.

OK but you only get 75% of the same HR per BTC when you buy the shares, so the value of quick exit is high no?   I guess there should be some value of access to more gear though and DR obviously should get preference.   But, trying to wrap my head around getting a DC ready to host 500TH in three months when most of the gear you will need has 10 week lead times is not easy.    Even if they use the ambient winter air for the first 6 months, you still have a ton of air to move in a set flow.    See what I mean?   Definitely need something as AM has run its course but ActM is near impossible to model and ID is hard to figure out if you are better buying the rigs since you know you can dispatch the rigs immediately and you get 33% more GH/s per btc and I cannot picture being able to physically get that much power on line in even two-three months.
At least he is not in america where the DEA would breakdown your door with a tank thinking you had a grow op going.

it's possible that either the Babyjet owners might get their units before Icedrill, or vice versa,  depending on delivery constraints.

Ok thanks, I guess 30 day RIO Wont happen and 90+ days will be the norm

Can u explain?

So they will provide just chips?

Apparently, they will also provide the casing, boards, etc.
Just...not for free.

I'm only assuming it will be possible to acquire them, from the protection program:

I see 2 is not impossible... but very aggressive.
My ranking of likelihood with just the available information:
3, 4, 1,  2, 5

So the probability that HashFast is going to be awesome and make their announced deadlines to me seem at one end of the probability curve, and that they are horrible and as bad as BFL and Avalon at the other end of the probability curve... both outliers. 
I think they will be a little late is a high probablility.
I think difficulty in general will go up faster than anyone predicts making ROI longer than anyone predicts is also high.
And I am 50/50 on IceDrill receiving their chips first... but don't see it making much of a difference either way.