I found the BPs for both ships and took rough measurements of their respective areas from different profiles.
A fully loaded Eagle is about 100 tons mass and has vertical cross sectional area of about 450m^2, a forward area of of about 100m^2, and a side profile area of about 180m^2.
A fully loaded Cutter is about 2300 tons mass and has a vertical cross sectional area of about 11000m^2, a forward facing area of about 2900m^2, and a side profile area of about 5000m^2.
The crossectional loading in the vertical profile is actually quite close, but the forward and side profiles deviate noticeably in favor of the Eagle with respect to higher mass vs. area.
I don't have the tools to get an accurate drag coefficent for either ship, but I'm almost certain the Eagle would be lower from most angles, which would also reduce the effect of turbulence. Acceleration provided by the thrusters is also dramatically better in favor of the Eagle, in all vectors.
There is pretty much no way the Cutter would be less susceptible to turbulence than the Eagle. The Eagle has the same or higher mass for a given unit of exposed area, and a much stronger active compensation system.
Also, a Cutter is
way bigger than an AN-124...by about an order of magnitude of area, and almost two orders of magnitude of volume. You can't just look at a single linear dimension; a pencil with fins is not as big as a cucumber of the same length.
The comparison of L-pad ships to blimps is not unfounded. It's hyperbole, but only barely. If large ships the retain even vaguely similar mass vs. crossectional areas, they will be of vastly lower density.
en.wikipedia.org
I think option #2 is nearly a given and implies your hybrid system.
A T-7 is probably not going to handle well in a thick atmosphere, but it's also not very relevant if it can glide or not, because it's still got copious thrust.
I don't have figures on hand, but that sounds exceptionally unlikely to me.
Regardles, we're not talking about density (if we were there would be zero doubt about ED's ships:
https://i.redd.it/8lphpq3lsfpx.png), but cross sectional area.
Wing loading is a good indicator. Lower the wing loading the more susceptible to turbulence it will be, in general. A 747 has much higher wing loading than most Cessnas.
If you do the math for the weight vs. cross sectional area, the 747 will also be much higher.