B) Rare redrafting is great, everybody just has to agree on it beforehand. It's the most pure form of drafting because everybody plays to win rather than draft for money. At my store, we rare redraft AND have prize packs. It's great. It's how I'm able to get most of the cards I need for my Cube while keeping costs down if I don't/can't jump on singles near release for cards I think/know are undervalued.
It means unlucky or less skilled players have a much harder time at leaving with value cards. Given that the players seated next to you, or in general those at your table, can have an enormous effect on your draft, this means that in worst case you might leave with nothing. No thanks.