In reply to harrythomas:
"In the scenario where you bail on a trad route, I've always heard it said that you must recover the gear either by abseiling, or by someone else climbing the route."
These are certainly two options, but I'm not sure you 'must' recover the gear this way. It depends very much on the route, the situation and your own knowledge and skills. Down climbing would work if the route is within your ability and you judge it reasonably safe for you to down climb - you've already highlighted the need for good gear at fairly close intervals.
A compromise could be to ensure you are 100% happy with the highest piece of gear ( back up as required ) then down climb only leaving the top pieces behind. Alternatively you could be lowered from your highest pieces of gear ( again if you are 100% happy with their placement ). Another option is to make yourself secure and arrange for a top rope to be lowered to you which you can then use for either abseiling, down climbing or being lowered whilst stripping your own gear.
The ideal is to remove all the gear you have placed and down climbing is certainly an option, good communication with your belayer will help. I don't perceive that you have missed or misunderstood anything and I agree with Suncream about down climbing / leading, it is a great skill to have. I use it a lot in the Alps...