While writing an answer to this question, I did a little web searching and found that the way I was taught 29 years ago to wind the strings isn't necessarily the best.
On an acoustic guitar, I tend to wind enough string on the posts that they're pretty much covered up completely, winding once under the string hole and the rest of the times over, avoiding any doubling back or other messiness. Is this still recommended? Is perhaps the Taylor way reflective of current thought? Is this question something that can be reasonably answered, or is this simply a matter of taste? (Edit: I'm particularly interested in that last one.)