BEagle
I agree that both parameters must be monitored but when one parameter deviates from the target, it is corrected, possibly at the expense of the other and that was my experience. I subsequently compromised by teaching point and power in normal circuits but reverted to the traditional technique for STOL. Point and power will not work in glide approaches as attitude controls air speed not rate of descent. At the bottom of the glide power is used to arrest the rate of descent and also to climb. Therefore sooner or later you must revert to the traditional method.
The traditional method is also easy if you instruct the student to pin speed with attitude and then trim. Speed is maintained with elevators. If the aiming point moves up the windshield put the power up…if it moves down, put the power down. Now that is not too hard is it?
I would be interested in your method for STOL or are you folk fortunate enough to not have to deal with short bush strips?