3 click method is push the left stick down to bring up the power meter
push the A button to start the meter moving upwards
Push the A button again when you want the power to stop
Then push the A button again as it reaches the "white line" for the draw/fade.
One bloke had a challenge set up today on one of the holes: 307 par 4
Bounce in the area, hit the pin and hole in 1.
Did it on my 4th attempt, classic

This was on the demo version.
I have 07 on the PS3 and love it, so I may get this version for the 360.