Hi:
Yes, I have heard of people doing that, but never did I hear of someone running it for that long (maybe 30 seconds to a minute). The idea is to clean the inside of the engine. If you do it, and I'm not making that recommendation, after replacing new oil / filter, I would suggest running the car for about 50 miles and changing the oil and filter again to make sure it's all out.
As far as the ticking noise, yes it could be a stuck lifter.
If you have any other questions, let me know.
Joe