Do you downshift and engine brake?

Do you downshift without engine braking and use your brakes?

Just brakes and downshift later on?

Personally I blip the throttle, downshift, and engine brake with my hands covering the brakes, activating my brake lights.

This started quite a thread over on kawiforums, with a know-it-all Brit coming in saying you should just brake while keeping the engine revved a little and downshifting as you slow down. To me that sounds pretty stupid. Easy to screw up if you need to get out of there and drop the clutch on a revved motor.

What do y'all do?