Dave, the supernova is definitely easier to spot than the galaxy itself. M101 is notoriously difficult to find. It is fairly large and has low surface brightness. The supernova is a point of light though - much easier to spot.
The supernova is still close to magnitude 10 though. That's technically within grasp of a 60mm scope, and definitely still visible in a 4". From my moderately light polluted location, I've seen it - barely - with a 4" Astroscan. It's easier with a 5", and very obvious in a 10" reflector. I should think under dark skies it would be quite visible with a 6" scope, and still something that can be spotted with a 6" under light pollution. When you are in what you believe is the right location, trying bumping up the magnification to darken the sky background. And yes, collimated optics will certainly help.
The key is simply knowing which faint star it is among the other faint stars in the area. I've got charts on my site that go along with the video, to help identify which "point" of light it is. Just be sure to mentally reverse the charts, because a reflector will not only reverse the view left/right, but up/down as well. The charts are printed with "normal" orientation. Use the "parallelogram" set of stars to point you towards the supernova.
Don't try to find the galaxy first, then the supernova. It's actually easier the other way around -
supernova first, then M101 - and even then, the galaxy is likely only going to be spotted (barely!) using averted vision techniques (and perhaps not at all if the light pollution around you is bad).