Yeah, Stang put it well. Most of my best landings have been dead-stick.

Last week, when flying my Tiger 120, I had just completed a stall turn (hammerhead), was idle throttle on the way down, then leveled it out when the covering on the top of my right wing came off. Panic time. I was headed upwind but no where near the runway. So, I did a quick turn, kept the engine a little above idle until I got lined up with the runway, then intentionally killed the engine and landed dead stick. Very nice landing, in spite of the missing covering on the top of the right wing. So, yep, dead stick landings are pretty awsome... most of the time.

On one deadstick, I just ran out of airspeed and had to put it down, and lost landing gear, but that was about the worse of them.