I don't actually use a drip method, but what I do is similar. Floating is never a good idea because it exposes the fish already in the tank to goodness-knows-what, both from inside of the bag, and on the outside. Who knows who might have handled it, and what might have been on their hands, before it was shipped?
When I get fish from the lfs, however, and if they are going into a quarantine tank first, I do float them because then it's only the temperature that has to be adjusted.
When I receive fish in the mail, it's a different story. In that case, I first put them into a bucket where I check the temperature and pH.
Here's a picture of my C. caudimaculatus when they first came in:
Then I proceed to dip out 1/8 to 1/2 cup of water at a time, depending on how much shipping water they came in, and add it to the bucket. I usually add an airstone too, at this point.
There are several factors to consider when acclimating fish that have been bagged up for a day or more. One is that the water could have a low oxygen content and the airstone helps improves that condition. Another is the pH; too quick a change could cause them to go into shock. The third factor is the temperature. Speed is rarely important here, gradually warming or cooling them is more natural and safer for them.
When I have doubled the amount of water in the bucket, I start taking some out when I add more. Eventually the pH will equalize, but it could take 5 hours or even longer, depending on the difference. Then, if the temperature is more than a degree or so from that of the tank, I will add water more quickly to bring that up to near what I want it to be. Then I net them into the quarantine tank.
The process doesn't stop there, however. I watch them closely for the rest of the day and evening. They have probably been starved for a day or more before shipment to avoid the extra pollution of the water they would make by eliminating waste products. Although they are probably hungry, it's usually best to wait for a few hours and then feed them a light meal of flake or similar food. The next day they get all the goodies!
