"Long, if it's not too terribly crooked is obviously the best combination. Short and very crooked is not very useful."
REDANMAN says it all. Being that the majority of us are short and crooked to varying degrees, perhaps we tend to villify power a bit too much. What most of us amateurs can't do is time a forceful swing to propel a ball far and fairly straight. Perhaps that is one of the reasons we decry technology (it does relatively little for most of us in comparison to the best players). Vijay is a great example of marrying technique, physique, technology, and mental toughness. I certainly don't begrudge his ability to fly the ball 315 yards.
RE: how Nicklaus was taught to hit it a long ways, I took a couple of lessons in the mid-70s from Jack Grout. Indeed, during our first session, he accused me of swinging the club like a woman, and instructed me to reach with my hands to the sky. Surprisingly, this worked well for a couple of weeks before an overdose of this medicine and some bad habits crept back into the swing.
Lost, but still with a couple of bucks in my pocket (his 45 min. lessons cost around $75 - $90), I went back to him about a month later. He sent me out to the range by myself to warm up, and when he came out, he rather tersely asked me why I was trying to swing so hard. He lectured me that I was a strong guy and didn't need to make that big of a move. Mr. Grout got me to actually flatten my swing out- getting the club back behind me more, and to work more from the top (less aggressive move with the legs). I had to ask him if he remembered me from a month or so before, and I strongly suspected that he did not.
In any event, I went out with these new swing thoughts and played relatively well for a couple of weeks. Then I guess that I overcooked it and got way out of whack again.
This all took place right after Mr. Grout's tutelage of Ray Floyd and the player's win at the Masters where he used the 5-wood so effectively. To this day, I don't know if Mr. Grout was in full possession of his wits during our two sessions. The two radically different approaches he had me try within a very short period of time suggested to me that there are various ways to get the job. It also reinforced what the old GE industrial experiments showed- that the mere act of noticing, showing interest, and paying attention to individuals going about their activities can have a significant impact on their performance. I sometimes wonder whether just having Jack Grout, Harvey Penick, and Butch Harmon around did not have a huge benefit for Nicklaus, Crenshaw and Kite, and Tiger, respectively.