I think that #1 gets much more love than #2
being honest... I don't use the tone pots, only the volume. and some people even say that a guitar sounds better without tone pots, they say that they suck tone.
That's interesting becuase not only have I heard that plenty of times before, but the only time I ever use a tone pot, which is still very rarely, is on a Les Paul so I can turn it down a little for the bridge pickup sometimes to make it match the neck. With my Rebel Yell set, I don't even need to do that either.
I try not to use either pot, because when you turn the volume pot down, that sucks a hell of a lot of tone too.