I agree with ghostshrimp55, I used this exact method(or pretty close) and got desirable if not spectacular results. I have a 10g I was cycling and started it with two SMALL otos and a mystery snail named El Blanco. It took me a little over a week before I could add fish and three trips to lfs(s), but I got to watch my community slowly grow, back to this is a second. I have also tried fish less cycling and found it tiresome and boring, and stinky(especially prawn) because you don't feel as great of a need to do wc's as frequently for the simple fact that nothing visible is living in there. The main factor I think contributed to my overall happiness with my fishy cycle, was the fact that I could add two fish, wait, research, figure out what would best add to my tank and create diverse colors and interest, so that when I was done I knew it had all been thought out and it looked better that looking at 50 different tanks in the lfs(s) as opposed to seeing them all together in your tank and deciding the next step. I don't care who you are, you will get antsy to put more fish in there unless your take horse tranquilizers or you aren't interested in fish. Which neither should be around a tank holding water and it's creatures.
IMO, it just depends on what the heck you want to do and what your budget entails, I know spreading out the lfs visits on a 16 year old's paycheck helped me not only be cost effective, but decide what I really wanted at the same time because I had more money to do it.
Make up your own mind, no one can tel you what to do unless they physically walk to your house and commandeer your tank just to cycle it so make up your own mind even when some of us prefer a certain way.