Who would have thought that someone has such a similar method! The wheel should be a continually moving thing, always the same speed (for now). Just imagine it as your 'sync rate', don't really know how to explain it. The reason that you grab and then let go is to solve the problem of sudden realization of lucidity. Basically you are 'averaging' the feeling together with your normal semi-paralyzed state by grabbing and letting go many times over, until you can comfortably hold onto the wheel and stay in the dream. Sync may just be the word I am using to make it easier to explain, maybe you don't need to be in sync with the dream, it just feels that way...

Does this make sense when I say 'averaging the feeling together'? that should solve problems where people find out they are lucid and wake up right away. This allows them to stand on the edge of the dream state and grab on when it is right...

SR