Except in your more highly productive sites. But, these are valid points that we all have to deal with when deciding how to cut a tract. When you make an opening or small clearcut, the regen grows tall and straight as it is growing up with all the other regen, competing for light. Mother nature can thin this regen out, or you can speed up the process with one or two mid-rotation thinnings. You get better faster height growth from an opening, and since they are all growing, they shade each others trunk producing limb free stems. That brings me to our shelterwoods. Actually, usually modified shelterwoods. We do this on our moderate sigtges heavier to oak/hickory, not our soft hardwoods. We leave about 20 prime trees per acre, co-dominant or dominant, usually about 17" dbh, good form, stem taper, etc. But that leaves planty of light for regen of our shade intolerant timber species. In 30 yrs., thin the regen and fell the leave trees. Yes, epicormic branching is a problem. But, you can leave supressed junk or understory around your leave trees to keep shade on the trunk of the leave trees, or you can hope that the epicromic branches will be shaded out by 20 yrs and grade is restored by yr. 30 as the bark grows over the little things. Aint easy, lots to think about.
Not to say ya'll would be interested in shleterwoods as thats going into an even aged regime, just talking shop.....