The '5th and 7th fret harmonics' method has an inherent problem. The reason for this boils down to mathematics and is sort of explained at the website below. Also explained is a method of tuning which avoid the problem with the 7th fret harmonics.
IMHO the method recommeded relies heavily on the guitar being well setup. Any issues with string height at the nut or heavy finger pressure will cause problems which are just as bad as those inherent in the '5th and 7th fret' method. But it works for me - at least when I'm not using an electronic tuner.
http://users.adelphia.net/~cygnusx_1/equal_temperament.html
Cheers, Steve W