I've had absinthe served to me using an absinthe fountain several times. You have a little absinthe in a glass and you use the fount to slowly drip water over the glass. On top of the glass there is usually a silver absinthe spoon with a sugar cube. When the desired amount of water has been added you stir the sugar cube into the diluted absinthe.
Recently I went to a bar and ordered a glass of absinthe. The bar tender didn't use a fountain. Instead he had a little carafe of water on the side. He put an absinthe spoon and sugar cube over the glass and set the sugar cube on fire with a lighter. After several seconds he pushed the cube into the glass of absinthe and stirred before adding in some water from the carafe. He told me to just add more water if it was too strong. I told him I'd never seen this method of serving absinthe and he said that burning the sugar and eyeballing adding water from a separate container in his opinion is a better way to serve absinthe.
Is there a more universally preferred way to serve Absinthe? What is the benefit of burning the sugar?