There comes a point on these windy approaches that I am sure everyone here has reached - The "jeez I hope it touches down soon before I run out of runway" point. When that point is reached, as a result of experience, the PIC must command and/or perform a go around. I have about 1500 hrs in the BE400A, the civ version of the T-1, and I have had to go around at low altitude (like in a prolonged flare) only a handful of times. ALL of those times mother nature and the jet were sending me signals - airspeed hard to stabilize, glide path hard to maintain, airspeed trend line all over the place, turbulence. These factors don't preclude a landing, they should make you aware that a low alt go around may be neccesary on this pass.
In the flare, if you still have a lot of excess energy (i.e; the plane just won't land) and a long float is encountered, it's time for risk assesment to kick in and go back up and try it again.