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My $.02 (that's why we're all here anyway, right?)

I would not have done what this man did, but I'm glad another BG is off the street.

Personally, it would have to be either:

A) Hold my gun in a ready position, and wait for the threat to leave. If he gets away with some money, so be it. If he turns to me or my way, I may have to get involved.

B) Fire on the perp as soon as possible--without warning if that's within the law. I don't see how "asking" or "arguing" with him to put his gun down was a prudent move.

So my preference is not to get involved at all, but if I do, it will be suddenly and without any warning.