What to do about my drip rail :(

[Greubin]

So this last year of rain and neglect on my part has taken it's toll on my trucks drip rail. Prior to the paint job (which is now about 4 years old), I had removed the rust on the rail and applied new leveling sealer. Now it has began to rust rapidly and I'm trying to decide what to do about it..

1) Sand it down and repair it myself (rattle can).
2) Get some quotes from the local body shops to repair it
3) Remove the drip rail all together (I'm not sure how involved that would be but likely the most expensive option).

I love my truck dearly, but that drip rail makes me