(2) is both overstated and overvalued. It's overstated because loading a static HTML page from a CDN is extremely fast. Too many people who point at this advantage for SPAs are thinking back to pre-CDN usage with slow origin servers. Of course there are still use-cases where going to network is not wanted, but these aren't the primary use-cases that Gatsby covers.
It's also overvalued in that most users are not getting to a page by navigating in a loaded site, they are coming from a social or search link (again, for the sort of use-cases that Gatsby pages are built for).