Some time ago I read an article on CFIT. A nice setup for a CFIT is a non prec app in IMC and/or night conditions, into an airport surrounded by high terrain. This setup presents itself on a fairly regular basis in my part of the world.
Dive and drive = multiple level offs = multiple possibilities for level busts = multiple possibilities of CFIT. Stating the obvious: MDA is not the only place you need to level off, failure to do so at any minimum (hard) altitudes during the app can kill you.
When, a few years back, we were retrained for the constant angle/rate approach, instructors had very few problems doing so. They found out that was precisely what most linepilots had been doing all along. It was considered poor airmanship to level off more than absolutely neccessary, so we tried to fly NPA's just touching the minimum altitudes. Which is basically what a constant angle approach is all about.
Treating MDA as your DA in this scenario makes sense. You will touch MDA very close to your DP, and if not contact, go around. 35´ added (in our the procedure) for sink through. By treating the NPA as an ILS, we have made the procedure easier.
Dive and drive works. Constant angle approaches, to me, just seem like a step in the right direction. Safer.
I would really hate to have an engine seizure when level at 200 ft agl, IMC, in a high thrust, landing config.