I'm kind of a mix of many of your opinions. The biggest thought in my mind right now though is "I'm not sure what I'll do". The last strike made me lose a good deal of interest, that actually lessened over time (i.e. I regained some interest up to it's present level of "pretty darn high"!).
For me, college sports is still the best thing going, but I'd miss the Reds and the "fabric-of-our-lives"-ness of baseball. Up through high school, my Mom and Dad and I spent our annual vacation going to Cincinnati for a weekend of Reds baseball. We were not rich by any means, so this was a big thing for us. Even after Dad died, Mom and I still took our main vacation with the Reds travels mapping our course. The game was ALWAYS on the radio (WIMA Lima) and to this day still is in Mom's house. I played baseball my whole life. It is a big part of me, or at least who I was. I would hate to not have that, but I am also a lot more now. I am a husband and a father. I'd love to share with my little girl the joys I got from baseball, if only because I would like her to understand how to appreciate something that isn't solid "in-your-face" entertainment all the time, but a timeless game of battles-within-the-battle. There will be other ways to help her acquire this type of appreciation of things, but 'd like baseball to be available to help wioth it since it was a part of my life. But if not, we'll get into something else and be just fine.
I don't go to more than 1 or 2 games a year. A strike would bring that down to zero for a little while just like the last one did. Not really trying to teach anyone anything here, just a result of how I would feel. Besides that, MLB gets very little of my money. I listen to games on the radio or watch what I can on our standard cable channels much like creek said (altho' I consider getting DirectTV at times, just don't want to get hooked on another monthly expense right now). A large part of what remains attractive to me about baseball is that I can follow it very closely quite cheaply. I would just have a hard time deciding to spend my time and money on a sport that is not always "there for me" so to speak, when I have other viable options for my entertainment/recreational dollar and time.
It is a very individual decision. I can understand many views on the subject. To say someone's view on this is wrong or ridiculous is really the ridiculous statement. Many great fans will be turned away from the game, and of course many will stick with it as well. I don't think a person's reaction to this is a barometer that measures how true a fan that person is.
"I'm virtually free to do whatever I want, but I try to remember so is everybody else..." - Todd Snider