Sounds to me like option number 2.
|Q. May a character from the Eternal Kindred take additional|
armour or weapons and still benefit from the Eternal Guard fighting
Posted in case anyone is too lazy to look it up. I can see how this could go in multiple ways though. But with the advent of 8th ed and the 'you use what you have' rule, it makes it weirder.
Edit: Damn ninja hillbilly...