I change mine hot or at least warm, but I guess on a daily driver it doesn't make much difference anyways, as the car is used often enough that contaminants have no time to settle.
But I don't see any benefits in trying to get the last drop of old oil, to me it doesn't make any sense, as there are plenty of nooks and cranies to hold oil no matter how long it drains, so I leave the drain plug off until I can see a drop every 5-10 seconds.
Just yesterday I changed the oil, it was -2C, the car was wormed up, I let it drain for maybe 5 min. put the drain bolt back on and put 4qts in, I then transferred old oil into the old 5qt oil jug, the amount drained was about 4.25qts. I checked the dipstick and it's slightly below the full mark, so 0.25 or less should bring oil level back to full.