I made a video on this topic. Basically draining for an extra 12 hours gets you a miniscule amount of extra oil out, but there is no harm in doing it of course.
In the video I drain the oil for 12 hours on a 2005 Scion tC with the 2.4l 2AZ-fe 4 cyl engine.
1 hour is the sweet spot for this engine (and probably most others as well) where the most extra oil comes out. The remaining 11 hours only yields an extra 50 milliliters where as you get the most drainage in the 1st hour on a hot oil drain.
This was good. Shows the crazy long drains are not impactful. 50ml = .05qt. Complete waste of time.