Yes Michael, I mean second variant.
And this little video I made, to show how it works.
Revolve may be faster, but it is very limited versus LOFT.






Some times Michael I think that you personally don like Sub-D, or T-Splines or any kind of organic shapes. Because you always tell to people to use only simple command like extrude or fillete or revolve.
But you never can make complex shapes with this limited tools)
And when people ask you how to make some kind of organic form you often say - "you better use Sub-D" you tell me this a lot of times))). Telling this I think you loose some users that make some organic stuff.
MOI have great potential for doing organic shapes as I shown in my tutorials)