I have to agree that an engine out is not fatal its the way you deal with it determines to a great extent the outcome.. I learned my flying skills in a glider and there for had no engine worries. I have had engine outs in three different aircraft a Cessna 150 a Luton Minor (massively draggy) and an Avid Speed wing, survived all and no damage to the aircraft! I have looked at the AAIB reports of many fatal crashes and one thing stands out in most and that is the mode of arrival on the ground which had all the characteristics of a stall spin scenario! I accept that the terrain below you has a huge effect on the outcome but as with any fall from height the slower you impact the greater the chance of survival. This is also true of an aircraft impact. There is a fine line between very slow flying and stalling and I think that flying just above the stall should be more prominent in training it may just save your life.
John.