I think we are dealing with "Hyper-tolerance" on this issue as on so many others. Everyone is so busy saying how they love this religion, and the "other side" is proclaimed racist.
But it is not coincidental that Al Qaeda is Muslim. Nor is it coincidental that all major modern terrorist organisations and campaigns are Muslim. We must not neglect that there is something special about Islam that makes them do this.
Perhaps it is the "Jihad" phenomenon, perhaps it is the poverty, and backwardness of the Muslim nations. It has to have some reason. The real question is not whether we love this religion or hate it, the question is how we make them stop their terrorism and Jihad. We don't want a war over religions.
So I answered option no. 2, but I personally do not have much sympathy for this religion. I have known many muslims in my life, not a single one of them did I like. I
do disregard their religion, skin colour etc. - I'm not a racist. And it seems to fit together when I see how there is war, barbarism, and destruction everywhere there is Muslims.
But then I hear you people, I think about it, and reach the conclusion that this can't be caused by the religion. There must be something else.
It's not racism, it's serious and logical skepticism, and I don't know the answers to all the questions. The obvious conclusion, can't be correct, I know that. I must just have been unlucky with my encounters with Muslims.

Therefore I think it is a contemporary threat to the Western world, but the religion as a whole can't be held responsible.