I think there is a clear misunderstanding of today's world order combined with a recognition that there is, clearly based on what is happening, a space to test its boundaries ( metaphorically and literally ).
<< It will cost us one way or the other.
Full agreement. What is the lesser or at least more acceptable cost from US perspective?
On the other hand, if you let Russia roam freely and restrict yourself to formal protest, that would set a very bad precedent, and would only encourage further military operations by Russia and other authoritarian parties wanting to expand their sphere of influence. Last but not least, Ukraine is a significant agricultural and mineral/metal producer in the world, which the West certainly doesn’t want to see under Russian control, not to speak of Ukraine’s role in the geostrategic importance of the Black Sea.