I am not a fan of just blowing out the lines as I'm not convinced you can get all the water out, plus it misses the drain traps which also contain water.
You (like me)have a small trailer which will probably take all of 1 gallon or so to winterize. For the $5 or so, filling the lines, pump and traps knowing I dont have to worry about it all getting cleared is worth it.
I agree that you should empty and bypass, but not worry too much about the HW and fresh water tanks. If a little water gets left behind it wont cause any damage, but flushing out antifreeze in the spring is a huge PITA.
2016 Bullet 274BHS
2015 Silverado 1500 Double Cab
Andersen WDH