Have a look at slow flight as it will be done in nz and the world will learn from us that invent the wheel on a daily basis!
http://www.caa.govt.nz/pilots/Proposal-Slow_Flight.pdf
This is to be examined, during a BFR and a Type ratings, and any time a big headed(small brain all bone) Instructor decides that it will be done or checked.(Once it is in legislation)
There has been a spate of climbing turn after takeoff accidents in NZ and indeed they have had fatal results.
But to grab the wrong end of the stick and interpret the FAA system of chandelles as a compulsory exercise, but done in the NZ way VSmin +5kts for CPL and VSmin + 10 for PPL in an aircraft at close to maximum all up weight, is a dopey exercise.
VSmin x 1.3 should be taught and practiced, but below this velocity, unless it is the best angle of climb speed, should be avoided at all times.
Bad weather(poor met) slow flying is a great exercise and particularly if carried out at 300ft agl, to simulate trying to creep back after getting caught.
But to bu***er around inside the buffet zone with a horn blowing or stall warning lite on, should only be shown as a "How to get out of this corner " exersize.
AMEN
bbg