Low and Slow is a catchy phrase we use to denote totally contact flying in small, relatively slow, aircraft that are pretty dirty (parasite drag, pull a lot of air. )
The phrase can be dangerously deceiving to pilots who think we mean low altitude and reduced airspeed. Except when dealing with unusual conditions like severe turbulence and or scud, we actually want to be low and fast.
Good energy management dictates that we store energy either in potential gravity thrust of altitude or kinetic energy of pressure airspeed. So when low we are without potential gravity thrust of altitude. That means we want as much kinetic energy of pressure airspeed as practicable. That means toward the end of a spray run, with the tall pines of Georgia coming up , we want full throttle. That means on the river, with tall trees and terrain on each side , we want lots of energy maneuverability whether we choose to make rudder turns in ground effect or energy management turns.
When our observations are not good and do not match our expectations, we want the energy maneuverability that will mitigate the dangerous possibility that we come unglued and hurt ourselves.