Which do you do.....

1. Center your yardage pin in your peep?
2. Align your peep with the sight ring and aim the pin?

I've only been shooting a bow for a couple years, and was never "officially" instructed. I use #1. The few people I've asked all use #1 as well. My question comes, because I see all these sights that have these bright orange (or whatever color) rings and it would make sense to align that ring with my peep and just aim the pin. It seems like it would keep things more consistent. Please provide your thoughts on what you use and why. Thanks!