I had this same question about a year ago. On building up my club set, I had a driver I liked and a 3-hybrid I hit pretty well, and then found I needed to put something inbetween. I was thinking about getting the 2-hybrid (which they made) or a fairway wood. Asked one golf fitter (who didn't know me personally, but didn't have a financial stake in the answer) and he said the fairway wood--better distance. I asked my teaching pro the same question and went in for a fitting, and he agreed. Set me up with a 5-wood, and it's worked well.