I realise this is a late answer, so maybe you've already figured this out. But maybe it's still worth something, so here goes:
I think the short answer is that Yield is absolutely genius. The 'classic' way as you put it actually is the same implementation over and over again, where only the return value varies. What yield does for you is that it allows you to construct an IEnumerable directly from a function (using Yield statements), such that every time MoveNext() is called, the function takes off where it left off until the next Yield statement.
So, yes, you can just use yield whenever you want I think the only possible issue with it is that it's probably slower than a proper custom ('classic') implementation, so if you have A LOT of elements AND you notice a performance bottleneck in enumeration THEN you might consider getting your hands dirty.