My dd has just started Y1. She is on ORT Stage 7 but only becasue the teacher insists she treks all through the stages - at home she reads Dick King-Smith, Enid Blyton, the Milly Molly Mandy books etc.
She was well grounded in the initial 26 phonics in nursery, but once she started school got the ORT books; she got very demoralised by guessing the words and getting them wrong, so we decided to teach her the extra sounds for long vowels etc and bought the Jolly Phonics DVD, CD and books. She picked it up really quickly and soon went ahead very well with her reading once she could actually sound out the words like 'fence' and 'ice cream' that were in the early ORT books she was supposed to read.
As an extra, my 3 yr old ds taught himself to read by watching the DVD, listening to the CD and the Jolly Phonics books and he can now read appropriate books really well - we bought the Jelly and Bean Reception set of books for him which he loves as they are about two cats and have captivating, but simple, pictures and he has reached the end of this set.
From my own experience phonics works really well for both of them - I read some resarch which says that a multi sensory phonics approach is best for boys as it ues both sides of the brain and develops the side which is weaker in boys than girls. Certainly has worked for my ds!
The ORT books from Stage 5 onwards actually get much more interesting for those that find the early ones dire!
My dd also has spellings every week - she has no problem with them as most are easily decodable so she only has one or two of the 'tricky' HFW words to learn and generally there is only one small bit that is tricky. She soon remembered 'because' last week when we 'tweaked' the pronuniciation so the 'au' sounded like 'au' in August, and this week she has nothing to learn as they are all phonically regular - a week off!
I think the 'range of strategies' is mainly for comprehension skills which people muddle with actually being able to understand what the print says. My dd can read words she does not understand and hence has to ask the meaning (or infer it from the context), so our role now is to increase her vocabulary. There are virtually no pictures in the books she reads, so no point in trying to infer it from them!