Janna
Bring more rat-free wine!
Just something to throw out there - anyone here watch "Good Eats"? Alton did a test not to long ago comparing the weight of two steaks pre and post cook to assess the amount of weight change (and therefore moisture loss) cooking with different styles. The final result was a surprise with the broiled, non seared steak being the one that retained more juice than any other despite the conventional "wisdom" of searing to retain juices. On the other hand, a good sear is necessary (IMHO) to get the most flavor from your favorite cut.
I don't sear to "seal in the juices" -- searing is, as you said, for flavor. The Maillard reaction. Yumb.

that's my ultimate cut.
As for washing the meat, I agree that it's sacrilegious but it's usually done with meat that wasn't bled properly and will be seasoned during the cooking process (Korean BBQ).