I think it's the second one, but not quite for that reason. I think we can agree that Nightblood and shardblades are similar-ish in creation. Unless I'm misremembering, when Shardblades cut through things, they cause a slight fog/mist. Nightblood, because it's more invested, just vaporizes everything. But when in contact, it makes sense to me that you'd be able to duel as if both were Shards or both were just steel. That's my take anyway, and it seems like a logical path Brandon would take. I don't think he would bring over Nightblood just for it to instantly trump shardblades, which are amazing in their own right.