I think you'll find everything from a 5k dive straight to the apron, to guys that try to be "real". Since friendly collisions are turned off, most players don't pay attention to procedures and just go land whenever/however they want.
Myself, I'll usually fly around 2k AGL and either break-turn to slow down and then a continuous turn to the threshold (helps keep the runway in sight until just before wheels down), or I'll do some S-turns and slip/skid to get the speed down on a more-or-less straight approach. It all depends on how quickly I want to get on the ground, and my mood.