Someone once said that, "the only truly instinctive shot is the very first shot you ever take" or something similar to that. I think I read that in Byron Ferguson's book. After that first shot, your brain will adjust your bow arm by using your eyes for seeing the arrow point and moving it to be closer to the target for the second shot and every shot thereafter, whether consciously or not. (man, did I ever slaughter that sentence!?)
To answer your question, I shoot more gap then instinctive except at 15 yds. and less. But I keep the target in focus, instead of the arrow point, at all ranges.
Use whatever works for you and stick with it, no matter what anyone says about your method of aiming.