Kingpilot--
Yes, quite familar with the FSF...who am I to say they are wrong, just that in the past crews were trained dive&drive and I just cannot help thinking that they were/are better trained IMHO.
BEagle--
Yes would agree that if an MDA is treated as a DA, an allowance is needed.
I was involved in training years ago at an asian carrier, and the new F/O's were trained in the aircraft (B707, not an easy acft for the inexperienced) and they had no difficulty with flying level at MDA with an engine inop...but then, fuel was cheaper. They normally received at least 40 landings before being released to the line. With this practice, their handling skills were very good.