Depends on what the OW course criteria is. During my class we spent both pool sessions going over hand signals, reg swapping, clearing masks, removing equipment, etc the entire time. When we took our open water dives(boat and shore) we pretty much did the same exercises out there too. Buoyancy seems like something that would take practice to perfect and I don't think there is enough time to cover it during the course of 4 days.
I would still have to say that skills should be learn't and practiced neurally buoyant. I didn't train with PADI for open water/advanced OW levels but used another agency so do not have any experience of their entry level courses.
I learn't skills in shallow (very confined/benign) open water - no pool sessions and I was deliberately overweighted for perhaps one or two dives/lessons with the instructor making it clear that was just to allow me to learn the techniques without falling over or floating away, and emphasising that this was a bad thing in any other situation. After those first one or two lessons everything had to be done neutrally buoyant, and for the second level course everything (including BC removal, weight removal and replacement etc. ) had to be demonstrated holding a set depth in the water column, not on the bottom. This was done in water 15-16 deep holding depth at about 12 metres.
We had to do this repeatedly until we could remove and replace, recover regulators and so on without losing control of our buoyancy. Good buoyancy control was considered an essential part of the basic training, not bolt on through a speciality or something to be picked up later.
Now I don't want to get into a this agency is better than that argument, hence I haven't mentioned any names, because actually I think it depends as much on the instructor as the agency, I was lucky - my instructor always went the extra mile, and she and her husband have now become my friends - she is now a regular dive buddy, and I will often help her out by acting as a dive guide or DM for her.
So I think my view would be - maybe it is ok for the first lesson or two overweight - but make sure students understand why it is happening (surely this should link to discussions on buoyancy and weighting in the lessons easily), and move to proper weighting and practice of skills neutrally buoyant as soon as possible.
But I equally understand scuba is an industry and needs to turn a profit, so all agencies will often do what is necessary to make it safe for casual/vacancy type divers, whilst remaining commercially profitable, and then sell the rest as extras.
Phil