Wow! Awesome!
For content, #2 please! Although more in-depth prose fiction analyses would be GREAT, at least we do have some, and we have a vast amount of story analysis on films. Meanwhile, there is very little covering how to write a book using Dramatica from experiential point of view. In some ways we haven’t even scratched the surface yet. (Look how much attention @JBarker 's Far End of the Black script creation thread got.)
Plus, #2 would sort of accomplish the same thing as #1, as by the end you’d have a detailed analysis of the novel–and from the Author’s point of view.
I’ve been trying to accomplish something similar to your #2 with my own blog, but as it’s my first novel I’m writing (along with day job and kids to take up my time too), I’m needing to put 95% of my available time & effort into the novel, leaving only 5% for the blog. Still, I’ve been making a lot of notes along the way from Dramatica perspective, so when I have more time I should be able to add a lot of cool content.
That said, I think everyone’s writing process and way of using Dramatica will differ, so I think there’s PILES more room for people providing experience-based Dramatica content.
As for form, I certainly can’t speak for Jim but I’d bet he would love the company of another podcast. Do what you feel you would enjoy, what would make you stick with it, as it will still be work!