What's dumb about that?
We operate pretty much as Bail Out says:
Climb - " Cleared to FL --- " PF and PNF set Altimeters to STD
leaving the standby on QNH for reference (until terrain separation is assured, then it goes to STD as well).
On Descent " Cleared ALT ---- " we set all three altimeters (PF, PNF and standby) to QNH.
This appears to be pretty much the procedure that Fat Eric is complaining about , but it looks fine to me.
It always baffles me when pilots get exercised over where the transition level/alt is. Why do you care? The concept of transition level is an abstraction for the benefit of ATC in managing separation, and - other than the change of wording for the altitude clearances - is of little interest to pilots. So, if ATC wants to clear me to 37,500 feet on the QNH, that's what I'll fly. If they clear me to FL023, I can do that too.
Of course, any time that I am responsible for terrain separation - like flying an approach - I'm always going to use QNH, but that's a different story.