I'm a fan of Nosybear's method. After pouring a finely crafted homebrew, I immediately rinse thoroughly with hot water. This almost completely eliminates any residue from hardening at the bottom of the bottles.
Typically, when bottling (as I did just yesterday) I fill my bottling bucket half way with star san solution, dunk two bottles at a time, drain back into the bucket, and let them sit on the counter to air dry. Is it a pain? Yes. Does it take a while? Yes. Have I ever had a bottle go bad on me? Never.
As far as the star san instructions go, they are, and I quote, "for all applications, let air dry (but surface must remain wet for at least one minute)". Since it takes longer than one minute to air dry, I figure that simply dunking them, coating all surfaces, and then air drying does the trick.