The important thing is how you rectify the situation.
On no account with a modern slippy jet should you stuff the nose down.
Contain the speed first, get all the drag out (if it's not already there) and be ready to anticipate regaining the G/S with the correct approach power. (This is better done with manual throttle so apologies if that is not part of your personal SOP)
On the B757/767 sim it is possible to demonstrate that you can cross the OM (typically 4 miles out) 800' high with 20 flap and no wheels and, by promptly following the above technique, be in the slot by 500'.
Last edited by scotbill; 27th Mar 2013 at 10:19.