Considere as possibilidades de reescrita do segmento The ne...

Considere as possibilidades de reescrita do segmento The new division between best picture and popular picture may be Ill-judged, but it reflects a pre-existing dichotomy between arthouse and multiplex fare (l. 63-66).

I - Ill-judged as the new division between best picture and popular picture may be, it reflects a pre-existing dichotomy between arthouse and multiplex fare.

II - Despite the fact that the new division between best picture and popular picture may be ill-judged, it reflects a pre-existing dichotomy between arthouse and multiplex fare.

III- Despite the possibility of being ill-judged, the new division between best picture and popular picture reflects a pre-existing dichotomy between arthouse and multiplex fare.

Quais poderiam substituir o segmento, sem prejuízo do sentido original e da correção gramatical?