The short answer is - no, it's not a good idea for two main reasons without getting into the weeds:
1. Uneven development is a certainty. This may or may not matter depending on how busy the pictures are but beware.
2. Difficult to control. Despite claims that it is a kind of automatic, self-limiting thing, in fact the amount of development you'll get over these long processing times can vary greatly unless you are very careful about things like temperature.
The question I always ask is "why?". What is the goal? If it's about image structure (perhaps an attempt at maximizing edge effects), fair enough -
if it can be shown to be more effective than other methods. If, on the other hand, it's supposed to be an automatic-compensating process, I can only say in controlled testing I did not find this method to yield any kind of miraculous sensitometry/tone reproduction results (see graph below comparing the resulting curves with a baseline process), in which case I'd say it's basically all risk, little/no reward - though I should point out different films may reacts differently.
Always keep in mind in photography when it comes to this sort of thing people often see what they want to see and assume X is happening when in fact that might not be the case.
It's also perhaps worth mentioning when I did controlled tests of this, I found the "standard" 1-hour time for the usual 1+100(99) dilution to be way too long if the goal is a normal gradient. 30 minutes was more appropriate (see graph again).
So does anyone here have an opinion of using stand development only to get the best of any or all films?
If so, why?
If not, why?
What are the pros and cons of stand developing for you?