Thanks @bakwaas_kura for the info. It seems like it is a safe bet to apply for TPS only which may turn fruitful sometimes in future. Maintaining grades and full time enrollment is not a major issue for most of F1's but the working hour limitations and EAD do not go along for me as well.
Still thinking, have until December to apply.
Let's see how it turns out for the early TPS appliers. Hope to hear form them as well.