I'm on board with OrangeAnchor with this one. Do what suits YOUR operation the best.
For C150J, Our operation actually has an OpSpec where we can build our own VNAV approach, with certain criteria not withstanding, and convert the MDA to a DH.
And for approaches we choose to "Dive and Drive" we round up to the nearest 100' above MDA (previous shop too), versus a constant descent approach that adds 50'.
Realistically, with a VNAV equipped aircraft (not sure if that applies to the new fancy GA airplanes too or not) you are flying ILS and non-ILS approaches.