What Brett says is exactly correct, jeremy, your choice of method is to some extent a personal one. In addition, the strength of the wind counts a lot - in real life the wind tends to slacken anyway close to the ground, so that in light wind conditions you can often afford to straighten out and level out as you flare without suffering too much drift.
Another problem unique to FS is that, if you're flying with a joystick only, it's difficult to apply rudder by twisting without ALSO messing up your control of ailerons and elevator. No problem if you have pedals I suppose, but I've never invested in those myself.
Generally speaking it's more relaxing to use crabbing to stay lined up early on in the approach, and switch to 'crossed controls' closer in. I'd recommend setting up and saving a practice flight and using it to practice both methods. This may help:-
http://www.simviation.com/cgi-bin/yabb2/YaBB.pl?board=COF;action=display;num=1129643666