You see, I don't understand what you're talking about.
When you say "treat it the same as any other stitch", does that mean when you're coming back on that row that you try to pick up that stitch that is wrapped around the needle and knit or purl it? And then, how much of the stitch is dropped from the holding needle to the knitting needle once you've done the stitch? I've tried this and it just makes a mess. It would help to see someone do it. Do you have a link to another site that may show this?
I'm honestly not trying to be difficult, and I'm sure that once you've mastered it it's totally easy, but I cannot wrap my head around this one (pardon the pun!)