Yes you could just cut off the seedling as a scion and graft it onto the cocktail tree your doing, the risk here is if the scion doesn't take you may lose your seedling. really depends on the size of your seedling when you start.
With approach graft, you only cut off the base of your seedling when and if the graft takes.
Its also possible to get your seedling to flower and fruit, with approach graft. the way I read you do this is, you do a normal approach graft, just before the mother tree is about to flower, you then remove all leaves from the seedling that is already inarched but still has its own roots.
What happens is the phytohormones from the mother tree will induce flowering in the seedling without it being detached from its roots.
This is a good technique for trying out new seedlings for breeding. you wont have to wait so many years to see if its a keeper or not, you sample the fruit if its good, you can then complete the graft by removing the root part of the seedling, or separate the graft and let it grow naturally in its pot the slow way , which may be desirable if you also need to determine vigor, growth habit etc.
What I would like to know is, what the heck makes a particular part of the plant an adult?,
For example, If i get a young seedling, and graft it to a mature tree, it will act like the mature tree and flower and set fruit.
If i get a scion from a mature tree and graft it onto rootstock, it could also flower and fruit. in other words as long as one part ( roots or scion ) is adult or mature you can get flowering and fruits.
so here is the tricky part, lets say I have a seedling that I have grafted onto a mature tree, and leave it one season to flower and fruit, and then cut off a scion from that graft to re-graft it onto rootstock, would the process of having had it on adult tree make it so it will act like a normal scion from a mature tree?
Kinda complicated to explain hope someone can make sense of this lol.
anyway i will try experimenting with all this eventually, because that's just the type of mad scientist i am, Muahahahah