Engine failure after takeoff - turn back?

[rusty sparrow]

I'm an ex glider pilot and used to fly the Slingsby Swallow.

The learned reflex of nose down till flying speed on a cable break can be a life saver when flying high, drag, low inertia aircraft. In a glider you may then have the option of a mini circuit, otherwise take the wise recommendation (Bob Hoover?) to fly it all the way to the crash.