QUOTE(B744DuDe @ Dec 6 2010, 03:47 PM) [snapback]132808[/snapback]
I'm with c150..you're still fine with one engine aren't you?
Yeh, and he (and you) both share the tin of cookies.
Actually, a go around to sort your self out would have been a right answer too. As you have made that decision and you are the boss, at that time. When you have done this you can then set yourself up for a vector, or instrument approach or whatever to put yourself back on the profile.
But, if you were already in the profile AND you have shutdown the failed engine and done all the vital actions and she is still in the landing configuration and happy on the approach profile then you should continue to land. You may or may not have the luxury of early gear down or full flap too early - but you will have learnt this at the place where you studied that particular aircraft - right?
So - yeh, most aircraft will land fine with one engine - which you will also have practised over and over again.
Often certain aircraft will approach and land the same on one as on two like the A320.
It may even be considered a safer thing to do - rather than go through all the work of missed, followed by holding or vectors to a safe area, to find your sandwiches etc.
You are all set up for the approach - so just do it. You are nearly home.
Single engine landing.