Don't be too quick to denigrate point shooting... if, (a BIG if in this topic
), the shooter gets very familiar with his handgun, point shooting can be stunningly accurate.
Bill Jordan (RIP) used to do shooting exhibitions using a S&W mod 19, loaded with wax bullets. He could draw and point shoot from the hip and hit ASPIRIN tablets, every time.
Once you work out in your mind the relationship of YOUR gun in YOUR hand, instinctive shooting becomes much more accurate. It was explained to me that it's similar to throwing a rock... you don't "aim" it, you simply let it fly, knowing instinctively when to release the rock to have the trajectory you want.
I've seen videos of instinctive bow shooters put 5 arrows into a plastic bottle cap at 20-30 feet. They KNOW their weapon.