The one aspect that I was looking for to create more discussion which has not been mentioned would be waking the pt up! In this case I feel that it is reasonable, especially if mask ventilation or ventilation with an LMA is established first. I'll admit my initial intent probably was not pure but it was not pure "trolling". I did want to hear various thoughts on a case with interesting learning points.
since this seems to be your catch, you also have to keep in mind that you initially wrote the pt had sats in the 80s (and i presume respiratory distress) and was to the point of confusion.
now the question is why is the pt confused? although it's probably secondary to hypoxia, it could run the gamut from baseline dementia to head bleed, stroke, sepsis, EtOH, toxic ingestion, electrolyte abnormality, metabolic disturbance (thyrotoxicosis, hyperosmolar hyperglycemia, DKA), cholangititis, UTI . . . . .
Either way, this pt is obviously a sick guy/gal. While it's easy to just wake up a pt in the OR under controlled circumstances and previous medical clearance for surgery, we deal in immediate life threats. This pt needs an ET tube someway/somehow and there clearly isn't time at that point for a discussion of the pluses/minus of every possible option.
At our place, it would be continuous NRB, optimal pt ramping with blankets behind shoulder blades, pushing drugs while sitting up, then DL-->bougie or glidescope-->cric
One thing to mention as well is that oral airways can be lifesavers in pts with a high degree of soft tissue who are difficult to bag