What someone else would use is irrelevant. You use whatever you want to meet the circuit requirements. Here's a possibility for your pulsed 200 mA. Substitute whatever you're using in place of the switch.
/ +6 ----+-----o o--------+ | | [20R] [5R] | | [50 mA Load] [200 mA Load] | | Gnd ---+----------------+For the LED circuit that was discussed a resistor is fine. For something that requires regulated 5, you can use an LDO like
For something like a 4.5V toy motor, your diodes may be fine.
Ed