Haha - I prefer directing. Then you can blame someone else when your footage is over exposed 🙂
I went to a Color seminar recently, and the Apple Pro recommended grading in two passes, one grade in the primary room to conform the colour of your footage, adjust any white balance issues etc, and then going into the secondary room to apply your desired look.
If you find out any simple tricks on how to get this sort of look, let us know!