i've played with "proper" time controls before. trust me, if it's not a ~proper~ tournament of something it's a waste of bloody time, because it can take ages.
I wish handicaps were available for one off games. In some of the tournies there a better player will be missing pieces+time based on how much higher their ranking is.
Arguably the most famous event in chess history.... A landmark in computer programming history... 16-17 years ago...