Excellent tutorial Charlieman. I must admit I got a little lost during the Zip 250 thread.
As for my method, I would recommend it particularly if the Zip is your only hard drive connected to the Plus and you only use it to transfer files with OS X, which does not update the Zip disk driver (at least under Tiger).
Charlieman's method is much more universal particularly if you are going to use it with a wide range of systems, which would otherwise require the Iomega INIT to mount it.
As for running an older system, I would certainly expect Charlieman's method to work as well. s long as the Plus can "see" the disk at startup, it does not seem to care what system it loads from it. Which is particularly interesting in the case of System 1 through 2, since both pre-dated Apple's implementation of SCSI. Guess the ROM handles all the translating from the Finder which would have only been aware of IWM or serial bus disks at that time.