It really depends on the context frankly. I did say it was a crappy example ;)
Try to read this snippet I stole from Clean Code and tell me if it's readable without having to uselessly jump everywhere to understand what's going on:

public class SetupTeardownIncluder {
  private PageData pageData;
  private boolean isSuite;
  private WikiPage testPage;
  private StringBuffer newPageContent;
  private PageCrawler pageCrawler;


  public static String render(PageData pageData) throws Exception {
    return render(pageData, false);
  }

  public static String render(PageData pageData, boolean isSuite) throws Exception {
    return new SetupTeardownIncluder(pageData).render(isSuite);
  }

  private SetupTeardownIncluder(PageData pageData) {
    this.pageData = pageData;
    testPage = pageData.getWikiPage();
    pageCrawler = testPage.getPageCrawler();
    newPageContent = new StringBuffer();
  }

  private String render(boolean isSuite) throws Exception {
     this.isSuite = isSuite;
    if (isTestPage())
      includeSetupAndTeardownPages();
    return pageData.getHtml();
  }

  private boolean isTestPage() throws Exception {
    return pageData.hasAttribute("Test");
  }

  private void includeSetupAndTeardownPages() throws Exception {
    includeSetupPages();
    includePageContent();
    includeTeardownPages();
    updatePageContent();
  }


  private void includeSetupPages() throws Exception {
    if (isSuite)
      includeSuiteSetupPage();
    includeSetupPage();
  }

  private void includeSuiteSetupPage() throws Exception {
    include(SuiteResponder.SUITE_SETUP_NAME, "-setup");
  }

  private void includeSetupPage() throws Exception {
    include("SetUp", "-setup");
  }

  private void includePageContent() throws Exception {
    newPageContent.append(pageData.getContent());
  }

  private void includeTeardownPages() throws Exception {
    includeTeardownPage();
    if (isSuite)
      includeSuiteTeardownPage();
  }

  private void includeTeardownPage() throws Exception {
    include("TearDown", "-teardown");
  }

  private void includeSuiteTeardownPage() throws Exception {
    include(SuiteResponder.SUITE_TEARDOWN_NAME, "-teardown");
  }

  private void updatePageContent() throws Exception {
    pageData.setContent(newPageContent.toString());
  }

  private void include(String pageName, String arg) throws Exception {
    WikiPage inheritedPage = findInheritedPage(pageName);
    if (inheritedPage != null) {
      String pagePathName = getPathNameForPage(inheritedPage);
      buildIncludeDirective(pagePathName, arg);
    }
  }

  private WikiPage findInheritedPage(String pageName) throws Exception {
    return PageCrawlerImpl.getInheritedPage(pageName, testPage);
  }

  private String getPathNameForPage(WikiPage page) throws Exception {
    WikiPagePath pagePath = pageCrawler.getFullPath(page);
    return PathParser.render(pagePath);
  }

  private void buildIncludeDirective(String pagePathName, String arg) {
    newPageContent
      .append("\n!include ")
      .append(arg)
      .append(" .")
      .append(pagePathName)
      .append("\n");
  }
}

That's what I was talking about.