Most Helpful Guy
For one thing, I wouldn't date a girl just because she was arm candy to impress my friends and anyone else that sees her. Would it be cool to have a girl that I got along with, completely trusted, and was universally beautiful? Sure, but that's not going to happen. No one is universally beautiful. Lord knows I haven't been attracted to some of my friend's girlfriends, and I'm sure the same is true vice versa. We couldn't care less.
Anyway, I think a minimal amount of makeup is okay. Caking that stuff on has the opposite effect. Less is more. Out of your two options, I'll take the latter.1