I largely agree with your advice. Except that I found the commercial outlines to be a waste of my time - or a luxury I didn't have time for. I read my assigned cases, and that was pretty much it.
With a toddler and a kindergartner underfoot, I don't always have time to read all my assigned cases (or all the background and history stuff). In which case, my prep for class looks a lot like this: book brief case and use commercial outline to clarify. Mine is only one method. There are many more out there. Just find one that works for you!
I've also been lucky in that I have a job lined up now for after graduation, so my 3L year can be spent taking some non-traditional classes. I think it also helps my sanity to have things that truly interest me, and aren't pure WORK, since law school and parenting leaves very little time for hobbies or reading for pleasure.
I agree that maintaining your sanity should be a big priority. However, I would caution anyone to resist resting on your laurels because you have a job offer. You still have the BAR exam to get through. I know at least three people whose job offers vanished because they failed the July exam.
I also know lots of people who passed the July bar exam. Those who passed took classes during their third-year that may have been the difference between passing and failing. At my school, Advanced Legal Analysis is one of the many courses offered only to 3L students. Why? Because the entire class is spent reviewing and answering questions from the most recent BAR exam. If you can get BAR prep while you're in school, why wouldn't you take that class?
Head on over to Zuska's place for more great advice on making it through law school as a parent.