Have to concur with all above, Kefuddle_UK. During my training and subsequent check-out's the PFL was always a 'big deal'.
Flying in t'North is not all green fields and open ground. Mountains and forrests go on for miles and miles. The very thought of an engine failure makes you think real hard. Almost waiting for it to happen....
As you get the hang of it, the 'formailty' of the PFL becomes less important than the end result. Of course all the checklist items are there for a reason, but the key issue in the event of a real failure is walking away at the end of the game!
Good luck with the rest of your training.