My Mooney does not have an ADF and it is not missed. I haven't used an NDB in about forever. However, I got a rude awakening at my Falcon 20 initial training. One non-precision approach we had to fly was the LOC RWY 17R at KDWH
http://204.108.4.16/d-tpp/0903/05457L17R.PDF.
The missed approach hold is at the DWH NDB, and you (almost) always miss on simulator approaches. I was expected to fly this as a matter of course. It is assumed an instrument rated pilot can do this with no questions asked. I did it, but at an all too high a stress level that shouldn't have been there. So when I got home, I flew this approach and miss on my On Top simulator some.
It is archaic technology, but apparently instrument pilots are supposed to know this stuff. I've changed my attitude a bit because of this.