There is a whole other 20+ page thread on this lighting schedule, involving some pretty heated arguments on both sides. It might be listed under "12-1" or something like that.
Basically, instead of going 24-0, the idea is to use a flowering type 12-12 schedule for vegetative growth, but you interrupt the 12 hour dark period with one hour of light in the middle of the 12 hour dark period to prevent the plant from flowering.
The main advantages are that you're using less electricity during vegetative growth. Despite what is claimed in the article, I think less total hours of light would probably result in less (not more) overall growth during the vegetative stage. That would mean shorter plants at the onset of flowering, which actually could be a real advantage depending on your grow setup/conditions. It also might be a disadvantage.
Arguments against, are that stressing the plant this way might cause hermaphroditism or just decrease female/male ratios.
Anyway, I don't see why this wouldn't work, though I've never tried it. I also don't know if the extra one hour of light provides any real advantage to just running 12-12 from seed, but I suspect that is probably pretty highly strain dependent.
Lastly, I recently started a thread on a totally different proposed *flowering* light schedule, 12-6. The idea is to create artificial 18 hour days with reduced DARK time. You don't save any electricity, because the plants get the same total amount of light during flowering time, but in theory, you could cut 1/4 off the flowering time this way. So you might be able to reduce a typical 8-10 week flowering period by two full weeks.