The answer isn't always EITHER or OR.
For example, is Facebook better than Twitter?
Is WordPress better than Blogspot?
Is it better to have a hosted site and domain name or use a free one.
The list goes on. My point is that it's NOT always black and white.
You can possibly do BOTH of your options and at other times you may choose neither option.
So perhaps consider that you have 4 options instead of 2.
I hope this helps.