That's true (almost, anyway). But on the other hand, if you're flying a single-engined aircraft (as most IMC-rating holders do) you wouldn't want to fly with a 200' cloudbase anyway.... what would you do if the engine quit in those conditions?
No its not.
Now now FFF, how do you know what we may or may not want to do?

Besides, if the engine quits at least you can't see what you're going to hit
BTW, I thought Manchester was Alpha? Oh and the Channel Islands are Delta