Think many who do it or are considering doing it...the reason is ease of disposal rather than economy.
Most of my oil drains involved oil that really didn't look bad and never had much or any sludge...if it did, it was still in the bottom of the container when I poured it someplace else.
Most likely with older Perkins and Lehmans...with low micron primary and secondary filters and pre filtered fuel oil bought at most continental US fuel docks...I seriously doubt those engines would be hurt by the dilutions of one oil change per tank (100 gal or so with 2-3 gallons waste oil) would cause. New, expensive, high tolerance engines....no...probably not.
If you can dispose of used oil easily...then I agree why bother. But if not and you don't have the room to lug it around and not a worry wort.... I would love to see the tech data on how it is hurting these old engines.
Sure manufacturers won't recommend it...but after 50 plus years of service...there is a lot that the manuals don't cover.