Making sure a system is charged properly takes more than "adding refrigerant".
While it is true that if they are slightly low, topping them off will usually do the trick, but in the long run you aren't doing yourself any favors.
Most systems newer than Y2K have added tracer dye, using a UV light will take you right to the source of the leak and then you can actually get it fixed.
System pressures can vary depending on how you are set up and ambient temperature and humidity. Charging it until it is a certain psi will not ensure proper operation to say the least, and yes, 50 psi is really a bit high in almost any weather.
On an average day you want to be somewhere between 30 and 40 psi, but that doesn't tell you what is happening in the high side of the system which can operate normally in the 100-250 range depending on conditions.
Turning the can upside down does make for faster charging, but depending on where the service port is it could introduce liquid refrigerant in the suction line to the compressor and since liquids don't compress it can tear up a compressor in short order.
To pick nits... venting refrigerant to the atmosphere is a violation of EPA regulations... any kind of refrigerant, not just R-12.
This is what I use, granted I didn't pay for it... but GM says we have to have this one to work on A/C.
http://www.thetoolwarehouse.net/shop/ROB-342000.html
Notice the price tag, that is why A/C repairs aren't as "cheap" as people think they should be.
That is a really nice machine though.