I was lucky enough to do a Cessna 340 training course at SIMCOM in Scotsdale Arizona. It changed the way I fly light twins. One of the big problems with light aircraft is the decision speed is not defined like the way it is in transport catagory aircraft ( ie you have definite go/ no go criteria which have been tested ) . This combined with the marginal SE performance of light twins makes an EFATO a pretty ugly thing to have happen. Their method takes the ambiguity out and really works.
The Drill
1. Use full lenght of Runway ALWAYS preferably with no flap
2. Apply full power and check engine Instruments,
leave hands on throttles, if any sign of engine problems while hands on throttle, retart both throttles and max brake.
3. Rotate at BLUELINE
4. AFTER rotation and with positive rate of climb verified your hand goes from throttles to gear handle which is immediatelly selected up , then hand goes to prop levers.
5. if engine fails control yaw with rudder , verify with dead foot and then immediately select apropriate prop lever to feather.
6. Do nothing further but fly the aircraft straight ahead at BLUELINE with yaw controlled and banked 5 deg into dead engine. At 500 AGL complete engine failure checklist.
A light twin will not accelerate from a speed below Blueline in level flight. Therefore an engine failure below blueline means an automatic abort. After blueline is attained the aircraft is climbing and the gear is retracting the only thing left is to feather the failed engine. Most twins will not climb with a windmilling prop prop so it is vital to get it feathered ASAP. In effect a blueline rotation ensures positive climb performance ( V1,VR ) and your hand becomes the auto feather system. This is as close as you can get to duplicating the performance guarantee you will get with transport catagory aircraft V1,VR,V2
calculations.