Well all I can say is that in the very dim and distant past, when Pontious was a pilot, we taught IF in Chipmunks. That meant, on a dark and dismal Yorkshire November day, we climbed above cloud (base 600 ft) and taught IF straight & level. Then we did 5 minutes of aeros to replace the boredom (remember most of us QFIs were not long off big boy fast jets). Then were recovered back to base (still a 600 ft cloud base) with no PAR/GCA, Sat Nav or ILS, just an old ACR7 approach. No attitude indicator either as we did not have any spare time to fly straight and level for ages to allow the AI to erect. So T/S and a DI only with a fair bit of icing to think about.
An accident waiting to happen? Never.