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You can either look at it as a bad example of how to live your life, or you can look at it as a perfect example of how NOT to live your life, and pass that on as a lesson.
I believe that "dribbling out" information is more along the lines of trying to marginalize it, whereas your option #1 is more about using the loss as a lesson, which I think would be much more valuable, and a "better use" of a deceased person's story.
Despite our personal feelings surrounding the nature of a person's death, sometimes the best thing they can do in death is serve as a cautionary tale to others.
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