Wow! Yet another thread on LSJr's infamous oil filter loading statement! That makes three including mine, I scanned the suggested thread titles, but that was not in the title. Glad I put that in mine.
I usually let my oil drain at least overnight, sometimes longer if I don't need the vehicle right away. I think Lake pours the quart through to speed that up a little. I have taken the drain pan away & placed a smaller pan when it slows to a slow drip, & I'm surprised how much oil I collect ,at least a half cup (4oz). When I was in high school my friend's dad owned a gas station & he would put his car on the rack & let it drain all day. He said the new oil stayed clean longer.
While on the subject of LSJr, another "test" he did to see if the filter really did bypass when oil is cold & thick seemed not accurate. One thing, the oil was room temp, not 35-40F. He put pressure sensors ahead of & behind the filter & compared the two. For the most part they read the same, so he concluded the filter wasn't bypassing. If there is little to no flow, the pressure will read the same no matter what the restriction is. Much like when you turn on a water hose with the nozzle closed, the pressure will equalize when flow stops. I think that was an inconclusive test.