Hi Liz,
that delay method still exists for S08 and ColdFire. But does not exist for say Kinetis.
That's why I wrote my own component to overcome this.
The component is available here: Wait
The latests version and sources (and other components) are available on GitHub here: GitHub
An example usage of it is shown here: Tutorial: Enlightning the Freedom KL25Z Board | MCU on Eclipse
Hope this helps,
Erich