I REALLY TOUGH WE WERE DONE WITH THESE KINDA OF THREADS!
Answer got a little easier with the team xecuter teaser video. Lets do maybe five of those, then see how it feels, and if we want to be exploited by SERVICE (not opinion) seekers, still.
Do you want to play online ?
If no, don't update
This is basically the right answer. Lower Firmwares up to 4.1.0 (1.0.0 being even better) have a path towards "dongle and jig free" CFW, although we dont know "when exactly" or "how long the boot time into CFW" will be. Everyone will get a "near current" CFW in about a month (or two) to play games - offline.
So the current answer arguably is "watch the team xecuter video" not for the product, but for the concept ("what you would have to do - every time you "boot up the Switch" (resuming from standby doesnt require it)") - and ask yourself if what you see seems worth to you - over "loosing online", but maybe getting a jig and dongle free solution in the future (that probably depends on a browser hack (so needs Wifi).
Why - do you "loose online", if you choose to go for the second method (staying on lower firmware)?
Because you are on an old base firmware that cant go online - and we all presume, that "whatever CFW you are booting into" - Nintendo will detect, and eventually ban people that use CFW. So online always should require using the "unhacked" firmware that is on the Switch, which in one case is "current" and in the other case is "up to 4.1.0" (and therefore cant go online).
1.0.0 users have a chance of getting a faster, non Wifi related way to boot into CFW int the future.
Also - don't go opinion hunting "which one sentence do people tell me most". Not all people in here are necessarily what you would call informed.
edit: Modchips might be "the best of both worlds" in the future but none have been announced. Also maybe there will be "godhacks" in software only, that allow you to *snip your fingers and have it all* but currently - none are on the horizon, and they are not necessarily likely.
edit2: The jig and dongle free "software only" solutions, for up to 4.1.0, to boot into CFW - might be released later than the "dongle and jig" thingies (of which there will be clones), so it might be important to note that - dongle and jig work on old firmwares as well. But you are staying on older firmwares at this point to have a chance of getting "rid of them" (eventually).
(Without an (unannounced) potential modchip, but via a software hack)
At the expense, of "not being able to participate in online or the eshop."
edit3: Online (very likely) only with games you actually bought. In case you are a filthy pirate. Unless Nintendo is lethargic.