One the other hand some students would simply prefer to spend their time working on the bunkai and don't want to spend time learning kata just to get to it. I could fully understand and appreciate the purpose of kata and the bunkai contained within it and still not enjoy doing it. If I had my choice between learning a kata and then breaking it down to find the bunkai within or just learning the bunkai, I would prefer the later. No kata may = no karate but it's still the kind of class I'd prefer to be in.
And that's exactly how it works in Combat Hapkido, a lean-mean art aimed specifically at street use which has no forms. What it does have are dozens of separate drills, which give you multiple techs to handle virtually any CQ attack. The thing is, an awful lot of those drills look like subparts of familiar TKD hyungs. Take any five CHKD drills, put them together according to the 'composition rules' of karate-style patterns (embusen symmetry, etc) and you're likely to wind up with something that looks very much like a TKD form. So you could say it's a matter of preference with respect to three separate questions:
(1) Do you like (a) learning combat-effective techniques individually, or (b) learning a single set of movements which can be 'compiled out' into a (large) number of separate moves, each of which represents a somewhat different application of the same movements?
(2) Do you like (a) learning combat-effective techniques individually, or (b) learning a set of them at once as subparts of single 20–40 move sequence (on average) which you then parse into separate subsequences?
(3) Do you prefer (a) learning and training applications based on exactly what your instructor teaches you, or (b) taking your teacher's instructions about what a given kata subsequence is telling you to do in a certain situation, and using it as a model for discovering, on your own, other applications of the same subsequence which you can then test out for effectiveness?
If someone answers (a) in all of (1)–(3) above, then the kind of thing you say you like better, GM, is probably going to suit that person fine. And if someone else answers (b) for these three questions, then they're probably going to enjoy the kata/hyung/hsing-based curriculum more than the CHKD style of curriculum. I myself go with (b) in all three—I like the mnemonic convenience and problem-solving/code-deciperhing challenge of forms—but I can easily imagine someone preferring the (a) choices. However, I think there's another dimension to the issue that arises from what is arguably a misuse of kata as a belt-promotion criterion, greatly interfering with its original and far deeper role as a source of effective combat methods.
The problem is that, as Bill Burgar and others familiar with the Okinawan/Japanese transition in the dissemination of karate have emphasized, when Funakoshi took Okinawin karate to Japan and changed the curriculum from detailed study and training of applications of a very small number of kata per instructor to mass-class kihon line drills with minimum exposition of bunkai, the role of kata changed almost totally. Funakoshi's introduction of the Kano-style judoka multiple belt/rank system meant that there had to be specific milestones for what was now a relatively large number of promotions. His solution was to substitute kata performance skill for kata bunkai understanding, so that at every rank level there was a specific kata you needed to master to advance to that level, a practice carried over with a vengeance into the Korean striking arts.
The upshot is that while in the early days of karate a kata was regarded as a complete martial art on its own, and the original masters only learned, and taught, a small number of them (Funakoshi is famous for having studied essentially nothing but Naihanchi for the major part of his formal training), we now have people drowning in excess kata exposure who don't really know how to do anything with them except
perform them, with no idea of how to extract their combat information. (Burgar's and Abernethy's books provide documentation for both these points). Too many kata, too little understanding of how they're to be used; and, used correctly, you don't
need a huge number of kata—Choki Motobu, one of the most respected of the Okinawan expat instructors, with a reputation as a formidable fighter (he was bounced out of Itosu's classes because he would deliberately seek out aggressive street types and provoke them into attacking him so that he could try out his latest ideas on combat applications on them) was a Naihanchi freak, and believed that essentially anything you could ever need in the way of self-defense information was to be found in it. Naihanchi seems to have been his core, home-base kata his whole MA life. And he was probably much more typical in that respect than otherwise of the early pioneer masters. Less was more, back then.
So one thing that would help is for people who are kata/bunkai advocates to rethink the karate curriculum in a way that doesn't introduce superfluous material, requiring students to be able to flawlessly perform twelve to fifteen kata by the time they're ready to test for shodan. If you're getting real depth-applications from your kata, then three of the classic biggies, along maybe with a couple of the Taikyoku set to get you started, is probably more than enough. People's appreciation for kata would probably increase dramatically if their instructors showed them how to get a lot
more combat guidance out of a lot
fewer of them...