Maybe that's the way I do it because that's is the way I did it even back in the 70's! I liked it for the reason, that as you progress along...one of those sets of hands either gets too high or drunk...and you don't need them anymore (or want!). I also like it this way mainly, because my moves are while listening to the context of a mix as well. Plus it creates the "rubber band" lines as well and I don't have to create them for smaller items...especially on the individual FX controls. It's seems easier for me to create the automation line this way first...then adjust with the pencil. As an example, adjusting the time of a reverb decay TO ME is much easier on the fly...so I can hear what's actually happening.
Potentially we have semi-similar methods, as on playback, I am creating those start and stop nodes. I almost 100% will go back and tidy up and draw in as well...and be more precise.
And yes... basically most consoles didn't have automation in the earlier years...it wasn't about being poor. It just didn't exist as you know. I grew up on a black faced MCI and then spent many hours on a newer beige one. The automation were those other guys!
(and sharing that one Eventide 910 Harmonizer on EVERY track that was recorded individually!)
As an aside...and down a rabbit trail, I ended owning one of those monster consoles, but it was a custom build. It had some history...but I won't name drop. Even had the original studio lighting switches on it. Probably weighed 500 lbs or more and was only 20 channels. The patch bay was totally separate in three rack stands about 5 ft high each. It also housed 4 Fairchild compressors and some other stuff...that I thought was getting "ancient" back then. What it would sell for now... Oh.. McIntosh mono amps too... for the UREI monster speakers. I did get some money for those when I sold them back in the early 80's. I just got a couple hundred bucks for the compressors. Oh well...we all have stories like that, I'm sure. I still have some 1" reels laying around too!.... Ebay every now and then. The 2" are all gone ;-(