Perhaps our resident oil well plumber can shed some light on the subject of what the options actually are? Blast?
Summary: radioactive debris would remain in the gulf a lot longer than crude oil.
Long version of answer:
The nuke option should be the final option a year or more from now if nothing else works. The Russian nukes were used to extinguish land-based well fires not deep-sea wells. The pressure wave from the detonation "blew out' the fire like a birthday candle, the bombs didn't seal the wells by converting the ground to molten slag. There's no fire at the BP well so the main purpose nuking it like the Russians did is a false pretense.
you may not believe me, but everything you hear about this oil killing the Gulf is wrong. Bacteria in the ocean is EXTREMELY good at using crude oil as a food source. Oil has been seeping into the water naturally for millions of years and creatures have evolved that feed on it. Like any time when food becomes abundent, the populations of critters that eat it explodes. The bacteria consume the oil and convert it into the same harmless nutritional building blocks that your stomach does to a carrot.
Along with the bacteria, the sun also does a wonderful job of quickly degrading the oil. The UV light easily breaks the oil apart into smaller and smaller peices which make it even better food. Basically, any oil in the Gulf has a very short lifespan before it is gone without a trace.
Now, during the time it is present some animals, sadly will die from encountering it. This sucks, but the populations will quickly return to normal once the oil is gone.
The half-life of radioactive debris is MUCH longer than crude oil.
The only place the oil causes long lasting damage is where it hits shore. Once on the beach or coating plants in the wetlands the normal biodegradation mechanisms stop working. This means the oil needs to be prevented from reaching the beach. Luckily the well is very far offshore so only a small amount (relatively speaking) has reached the shore.
I think the best way of stopping the oil flow is with the two side wells they are currently digging. It's a slow, tricky process but it's not a novel, new process. There are thousands of wells out in the Gulf and up until 50-some days ago 30-80 new ones were being drilled every month. We know how to drill well. The question is will people be able to sit still and not make matters worse while waiting for these side wells to do their job.
-Blast