My DD is 4 and in reception at a local school. She seems to be coming on well with her phonics/reading although still on pink band books from school. We spent the day with friends in another town today who have a DD the same age. She was showing us her school flashcards which seemed to have all sorts of different words to learn to recognise (??look and say type process). They certainly didn't seem to be the HFWs that have been mentioned at DDs school (but these have not been sent home at all unless we chose that homework assignment - they do a points based menu per term and we did a few of the drawing ones but not the learning the first 20 HFW one).
DD's friend was showing them to her and they played "schools". my DD was confused why she doesn't have these. I've simply said that Mrs X her teacher does things in a different way at her school and they don't do this because they do other games at her school. Made me wonder though. Is there a role for flashcards? I've not got any feel for how they'd work and certainly DD and her incessant "sounding out" of everything vaguely letter based and her obsession with asking how to write down almost every word we say means I think the phonics strategy is working for her (but the other little girl can technically "read" more than DD and is well into red book bands - we have a songbirds red band from santa which DD can read but she still has pink from schoool