KDDDD
Yes - the main thing is to reduce collective to reduce the torque that is causing the helicopter to spin.
Once the spin is under control I would personally get airspeed asap for several reasons:
1. The rotor system experiences translational lift so you won't lose (what is probably now low) altitude as quickly.
2. Forward airspeed reduces t/r power requirement due to weathervaning.
3. You could get into settling with power if you've lowered collective a lot and are descending vertically fast.
4. As a last resort it gives you another form of energy you can use to flare and reduce ROD, instead of a vertical hard impact like this poor guy.
5. I feel less personally jumpy with 20kts+ of forward airspeed, mainly for the reasons outlined above!
Kris