I started the 'attitude for speed, power for aiming point' approach at first, but then changed instructors to the other method. I must say the second method is much better than fiddling with a method which is not natural (you instinctively think power for speed, attitude for aiming point) after all - you point where you want to go!
Also, why learn the first way when you're just gonna have to change if you want to go for larger planes?? Might do it right from the start!
Still, everyone to there own I guess. . .
Wycombe - are you sure jets reduce power in turns? That just seems silly to me - induced drag (from angle of attack) increases in a turn whether you're in a C152 or a B747!