It seemed to me that the early consensus in this thread was that example 2 was better for routing purposes. Obviously, if U-turns are specifically allowed on the minor highway there at the intersection of the ramp, then a small two-way section would be needed there.
Since your question about the applicability of bow-ties is still up was the air, I thought I would take the time to confirm my own thoughts on that. I created some temporary example roads out in the sticks, so I could fiddle with turn restrictions and make useful screenshots without possibly messing up someone's hard work.
As andrewkjs said, a bow-tie is not necessary at a T-junction for controlling U-turns.
The off-ramp segments have permission to make their turns onto the highway:
The southbound segment of the highway can have a left turn restriction to prevent it from using the short ramp segment to make a U-turn, but if it's not a T-junction, and another street is inline with the ramp, then the southbound highway segment needs permission to turn left onto that street. The median segment has to allow a lefthand turn going north, because that is one of the allowed turns from the off-ramp. So now you have potential U-turn routing from the map, and no way to prohibit it without also limiting a legal left turn:
Enter the mapcat bow-tie. With it in place, you can give the off-ramp segment and the highway segments all the turn permissions they need, but specifically restrict U-turns where applicable:
Does this make sense?