I'm guessing your question is which is best practice for this situation?
I would think staying up for the extra two or so hours would be worth it to finish the brew, better to put off cleaning and have to scrub a little harder than sacrifice beer quality.
If you have to chose between a super long mash or a pause before the boil, I would lean toward the pause before boil. I can't see how waiting for the boil will change your wort, but I could theorize that an extended mash could change the profile of the beer, extract excess tannins, and just waste fuel, assuming your setup is electric (because gas running all night unattended is asking for trouble.) If you're just using a cooler I don't see how you could effectively hold the mash temperature that long.
I guess my point is, I don't see how a pause could hurt, and I don't see how a long mash can help. I haven't read up on long mash times either, so just my limited opinion.