Torquetalk,
Given the mis-understanding between VRS/SWP/Power Settling, etc. I'd say it isn't being taught correctly many places. It was discussed, I'd say more time was spent on tail rotor effectiveness. But the rate of descent needed to teach that in a UH-1 is pretty silly when the other hand is telling the student not to exceed 800fpm (can't remember if we used the 500fpm ROT back then) on the approach.
I don't see why it couldn't be put into a SIM, the old Huey sim at Rucker would simulate a loss of tail rotor gearbox. That was a rough ride.
I think crab said it better. I'll admit having the lightest helo a pilot has ever flown be a UH-1 isn't the norm around the world either.