I always found that if you try to be too mechanical in dealing with engine failures in the sim (thinking about rudder pressure etc) things don't go very well.
Just look out the window and keep the pointed end facing straight down the runway. This also works at rotation until you transition onto the instruments (even in low viz).
I am sorry if that sounds rather simplistic but it has worked for me in every type I have flown from a Lear 25 up to the DC10. Come to think of it some would say I am rather simple
