I like the slower than your bubbles line of thought, especially as a new diver, it was hard to ascend at a steady rate.
Slower than smallest bubbles has a few flaws. Its dated. Firstly its slower than the SMALLEST bubbles - as the bubbles rise they expand getting bigger so rise faster so you have to keep finding a new smallest bubble, follow that for a few seconds, find a new one and so on. Thats fairly fiddly.
Also in currents bubbles dont always rise vertically and sometimes dont rise at all.
Thirdly, even if you do the above correctly you're still near 60ft/minute or over.
These days with computers and depth gauges and watches you really shouldn't need to resort to bubbles- other far safer methods are around.
Generally i tend to teach 6 metres per minute purely because metric the maths is nice and easy to follow with a simple gauge and watch - its 1m every 10 seconds so easy to spot and follow on a gauge.