But...
In The Real world, climbing out of a balked landing and with a dead engine, you are not near the Vmc, but the best rate or angle of climb. Why then do people teach the 5 degree bank angle under these circumstances, as the rate of climb is less? ...and at this point, the climb is the point, I would think?
After all, the certification limitation of 5 degrees bank, is also predicated on the rear-most C of G as well, which is not usually the real-life situation either. Seems this limitation in certification has somehow "bled over" into pilot technique and training, but is in fact inappropriate aerodynamically.
...or am I missing something?