A scary thing here, is that while, the rational person — even those who merely labels themselves as such — sees this as a moral and ontological dilemma, many theists simply end at the third statement. For them, their god’s malevolence is just an accepted characteristic that rounds off this ultimate being. Effectively, calling the misery imparted, “for the better,” by simple virtue of their god’s existence.
I’ve asked regular family guys: if instead, it were they in King Saul’s shoes when Yahweh commanded him to murder ALL the Amalekites - including their cattle (!), would they stop what they were doing and move to genocide? To which they’ve acknowledged having to obey their god.
Whether or not they would in reality is debatable, but the fact that this is something they’d admit to want for themselves, speaks volumes of people’s eagerness for permission to simply wipe out their enemies.