In the rough running thread there was a small diversion on the specific immediate actions on an EFATO.
here are some points from an article in AOPA USA, the key point being the imperative of 'unloading the wings' and
here is a view that if it was trimmed to fly before the failure, it will fly (descending rather than climbing obviously) after the failure with no need for the pilot to man handle the aircraft into the glide attitude.
I was in the former camp as it seemed logical, but decided to give it a go.
At a safe height I set up in a trimmed climb at Vy + 10 (my typical climb away speed) and pulled the power to idle with the only control input being gentle roll control to keep up right, and Low and Behold if it didn't arc right over into a descent. It over shot the target airspeed initially and then bobbled around the target airspeed but I didn't go more than a couple of knots below the trimmed airspeed. So if you climb away trimmed, then as long as you don't pull (at least in my airplane) it will just naturally move to a glide at pretty close to best glide.
It IS however a pretty dramatic view change from mostly sky to a lot of ground. Interestingly I can remember lots of stall practice (approach, accelerated, departure), lots of PFLs and some 'What would you do if questions' but never configuring for a departure climb and then going to idle power to see that particular transition. What about other people's training?