I think it depends on what your looking for.... my first "quilt" i just did fairly large "running stitch" with embroidery floss around all my seams... i loved it... you can do the same thing with your sewing machine (but be sure to use a "walking foot",,, you'll get horrible bunching and puckers if you don't)..... if it's a larger quilt... you'll end up like me,,, getting so frustrated with trying to "scrunch" it all up to work on... you'll get addicted and buy a frame and machine...
All that being said... If quilting and making tops is your fun... try the 1st choice... if you like quite time or just like to pass the time while watching tv and putting your feet up at night... it's a wonderful way.... I knit and crochet.. so tv time is used for that... have fun...!!