Not being a Lancair pilot, but no one seems to have mentioned a return to the runway can require almost a 360 degrees of turning depending on how far you are out, ie. almost 270 one way then a 90 the other to line up with the runway. Try nosing over below your required glide speed and see how much height and time is required to regain it.
If low: "Land ahead to the hospital, turn back to the grave yard"

Malcolm