Privateers will have some leeway with regard to hybrid systems. For factory teams hybrid is compulsory. Privateers can race without electric systems.
It is not the pitting frequency that plays a big role that it has today. The 2014 engines will have technology specific fuel flow meters. The flow will be different for diesels and petrol and for the size of the hybrid system. You can get a bit more fuel if you choose the smallest of the four hybrid systems. You can have 2,4,6 and 8 MJ electric systems and you can have them on front and rear wheels.
I reckon that the 4 and 6 MJ systems will be the most popular. Electric front wheel drive will give you superior traction while electric rear wheel drive will eliminate the turbo lag and give you good acceleration. You could see the benefits on the Toyota and the Audi last year. Only then they had only one hybrid system and had to make a choice where to put it. So IMO they probably will all be using AWD.
I'm not sure if electric compounding will be very popular. For LMP1 it will be legal but not mandatory as in F1.
The one thing I'm confident of is the effect that 30% reduced fuel flow will have on the engine format. Only dowsized turbos will be the correct answer to that challenge. The big volume multi cylinder NA engines will bite the dust. Even a moderately blown V8 will simply have too much friction from all these moving parts. Small turbos will run on relative low rpms and with much fewer moving parts. That will do the trick.