Option 1: Chains
Relatively inexpensive
Possibly the best traction
Annoying to install / uninstall
Time consuming (not good when your in a rush for fresh powder)
Worst for the roads
Option 2: New Studs
Solid traction and performance
Warranty
Expensive (oil prices have forced prices up %60 over the last three years)
Option 3: Used Studs
Great Performance for the picky buyer
Inexpensive (Great Deals to be had)
Quick trip to the Mountain
No Warranty
Lack of selection (Whats on Craigslist)
Option 4: Studless
Best for the road
Great Traction
Warranty
Similar Price to new Studs
Harder to judge effective tire wear
Lacks cool stud sound while cruising around town
With new tire prices still skyrocketing in the face of falling oil my money is on used tires. Studs are only supposed to last a couple of seasons but if the stud is still sticking up their should not be any issue even five seasons later.
Happy Sliding
