For what it's worth, on an episode Brew Strong Jamil said he used to rack his lagers to a conical in a fridge to chill overnight, and would drop the trub/break material the next day and then pitch the yeast. Sounds like this is a widely used method.
Yeah, that was always in the same timeframe when they were teasing him about brewing in a biohazard suit so I was a little intimidated. Knowing how many people do it now I'm less concerned, but it's in my head, you know?