As I said, the floating license model assumes that the server is always available, and this is the requirement that should be always fulfilled. So it is a good idea to keep the value of this setting relatively small, otherwise tickets not released properly will not be available for dispatching for a long time. If a client crashes or does not release for some reason the allocated ticket explicitly, the "Ticket Revocation Period" is the tool for the server to revoke such hanging tickets. This ticket prolongation procedure is a part of floating licensing model and is the reason why the server should be constantly available while a client is up. "Ticket Revocation Period" is a period, after which the server will "revoke" dispatched ticket, unless the ticket is "prolonged" by the client. The Ticket Revocation Period and 48h grace period are completely different things meant for different purposes.
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