Good Question!
I have my view, but first I would like to hear the justification for both types of approach. In my experience, the proponents of a steep & slow approach argue that it guarantees you will get to the deck. That's fine if you have only one engine but, in a twin, is trying for the deck your best option? The other camp will have you stay 'fast & low' so you always have a fly away option. OK in twins, but no use at all in singles. Neither is right for all circumstances, but let's think about it before we just 'do what we've always done'.