Having a firm grasp on reality is always better in the long run. Truth is always superior to ignorance and ignorance is always superior to error. The JW way is error-laden. When you live a life of error, you're trying to live a life that defies reality because error is that which is discordant with reality. Reality will not bend to suit your error. Rather, your error-laden life will bend or break in the face of indomitable reality.
It is better to know and learn to cope with unpleasant reality, than to hide from reality behind comforting delusions. When you acclimatize to unpleasant reality you're on a good foundation to achieving a resilient kind of happiness - one that is used to the adversities of the real world and endures in spite of them. But when you acclimatize to pleasant delusions your happiness comes crashing down in a very painful and traumatic way when you're eventually forced to confront unpleasant reality. Many don't survive that crash mentally or even physically. That's why it's so much better to never have been living in the delusion to begin with, and that's why waking up can be so painful.
So my conclusion is this: The red pill is obviously better. But ironically, taking the red pill brings the very pain that you're seeking to avoid. You just hope that it would be less painful taking now that if reality forces it on you in the future. It's better to take the red pill now, knowingly, of your own free will than to have reality unexpectedly shove it down your throat at some later date, choking you to death in the process. Better yet, don't try to swallow the damn pill in one go. Chop it up in little pieces and mix it in with your favorite ice cream or something.