pull the Termovar element in order to bring the tanks up more quickly. With the second option you will likely see lots of condensation in your boiler, so this is strictly a one time deal for initial commissioning.
This second option cannot save any material amount of time. Disregarding the potential damage to the boiler and the damage from condensation, boiler output in both options is the same. The first option puts priority on bringing the boiler itself up to temp, maintaining that temp and then diverting all excess hot water to the storage.
The second option dilutes the heat output (which is the same output as in option one) throughout the boiler + system, with potential adverse effects to the boiler and from condensation by continuing to return cold water to the boiler.
I recommend leaving the Termovar in place. If you want to see what is happening to get some peace of mind, buy some inexpensive meat probe thermometers, fasten them to 1) boiler input to Termovar, 2) boiler input to system (storage), 3) Termovar return to boiler, and 4) system return to Termovar. Wrap with insulation for more accurate readings. You likely will find the following (subject to thermometer variability):
On cold start-up, 1, 2 and 3 will gradually rise as boiler comes up to temp, but 3 may lag some in the rise as some return water is admitted through the Termovar, and 4 will continue to read cold. As boiler temp exceeds 140, 1 and 2 will continue to rise and read about the same, 3 will continue to rise to about 140 (depending on the Termovar) and stay at the reading, 4 will continue to read cold until all of the system starts to rise in temp.
As the burn continues and boiler temp rises above 140, the Termovar will continue to divert boiler hot water output directly back to the boiler and 3 will continue to read about 140 but all additional hot water will be diverted to the system. As the system itself rises in temp, 4 will start to rise. As 4 rises (above about 100-120) 3 also will begin to rise above 140 and continue to about 160. 3 will stay at 160 and 4 will continue to rise until it also reaches 160.
When 4 is at 160, the Termovar is diverting essentially all hot water to the system and none to return. 1 and 2 will continue to read the same (boiler output temp) and 3 and 4 will read the same (return from system > 160).
Again, pulling the Termovar will accomplish nothing material to bring your cold system up to temp, and in fact may or will cause avoidable damage.