Unfortunately I think it's 3.

1)  The show was described as Moiraine going on an adventure to find the dragon yet she is missing from virtually 9 books. Whether it goes for 5 or 8 seasons means quite a lot of creative liberties so she remains a main character, maybe they give her some parts from the others E.g Dumai's Wells becomes Moiraine rescuing Rand (will be really pd off if it's not close to the books).

2) The magic system has already been trashed & will only continue here are 2 examples: i) Rand is on the same power level as the most powerful forsaken & more powerful than all female Aes Sedai with only Nynaeve coming close & of the goodies only Alivia the Seanchan is on par, but, based on s1 misandry he will only be Egwene level. ii) in the books males are more powerful channelers but balance comes by them being unable to link unlike females (up to 13) but as in 1 we can't have blokes being stronger or having brains (e.g. Agelmar being a complete moron)

3) They have also killed off a great general, Agelmar, & s2 info seems to indicate Gaul in a cage has been given to Avi so how many other key secondary characters get nurfed? E.g. Will Davram Basheer even exist?

4) Rafe has said it is a different turning of the wheel to explain away many changes but for a supposed book fan he forgets souls wear many faces & names during the turnings of the wheel yet the shows characters have the same names in this turning? What is the chance of that? What else is he going to stuff up?

I could go on further but must say I'll keep watching but will do once all episodes for a season drop.  Hopefully they improve their implementation of themes e.g. explaining the bond via Steppin wasted a whole episode & battle scenes aren't stupid i.e. cavalry charging into battle but then show them reinforcing the wall fort

They could cut the rings entirely to free up valuable screentime especially given the books only mention the aftermath for Elayne & Nynaeve E.g. Nynaeve's "I hate Aes Sedai". If they do go ahead then they'd need to create events for both (more showrunners creative liberties) but streamline things & show one event for each of the trio or we'll end up with 1 whole episode focussed on them & no development on the 3 male ta'veren i.e. it'd potentially end up like the created Steppin subplot to demonstrate the consequences of the bond and fail in terms of time efficiency.

Good to see some s3 preliminary works although a bit concerning given no s2 release date or official trailer & the fact that s2 started filming nearly 5 months before the disaster that was s1 ep8. Hopefully they can course correct & take on fan feedback as filming ended May 22 5mths after ep8 & they've now had 10mths post s2 filming to plan, work on & perfect the CGI. Also hoping battle scenes are thought out with no senseless scenes i.e. cavalry charging the Gaps wall fort in ep8 when all they did was reinforce those manning the fort