I am also in the camp of let it do its worst now because we have only the choice now of moderating its growth which is no choice at all. However, there is a cost to the virus growth that is driving this epidemic and that's mutation. If w need 5 million more infections in the UK to stop the spread then we'll get the same number of mutations to get that 5 million whether it be over 1 month or 3.With vaccination, Delta cases are irrelevant. Hospitalisations and Deaths are all that count.
But we still have to watch it. Each infection generates 0.5 mutations so if you ignore the cases you ignore the dynamic of this epidemic which is adaptation to its human host. For example, alpha variant is incorporating the E484K and L452R escape mutations. E484K is seen in the Beta variant, and L452R is seen in the Delta variant. The delta variant does not seem to be doing this at the moment, probably because there is less selection pressure on it.
I have the idea that the rate of effective adaptation should slow with time (assuming a constant infection rate). There is only one perfect fit to the human receptor cell. At first many structural changes should lead to improvements and better fits but over time I think the scope for adaptive change will slow. It's like a giraffe's neck and the leaves on trees. Once you can reach the fresh leaves, and buds, there's no selective pressure. I am pretty confident this theory is correct but I have no idea over what time period it should play out. Thousands of years or years?