Hello,
I have experienced some inconveniences with the restrict edit time option.

First, it is not possible for admin users to edit an entry after the edit time.
The restrict edit option allows admin users to edit posts from other users,
so I think admins should also be allowed to edit posts after edit time.
As they can edit the config and temporarily disable the restrict edit time option, which is an issue.

Secondly, if a user made a draft and did not submitted it before the edit time runs out,
the draft got stuck as it cannot be edited (and submitted) any more.

Best wishes,
Sebastian