Jason,
Rich's description is pretty close to what I do myself. I think that the difference between us has to do more with styles and where we live. As you have noticed
I often have the sun in my images. In those situations, I expect that that part of the image will not record on film and just live with it. However, I will meter off a nearby cloud (that I want to be 18% grey) or meter 90° from the sun on the sky to get my base reading. Then I will meter the foreground to see what the total range of the image is, from there I will decide whether to use a split neutral density filter or not. In those situations where the sun isn't present, my metering technique is almost exactly what Rich does.