So this thread, like so many others, has evolved a bit and a lot of discussion about lost line drills has come up in here. I figure I'll don my nomex suit on this fine Monday morning and wade in full and share my opinion on the subject.
I'm in the "you need to try it, but not complete it" camp. My philosophy on this is based on a very thoughtful article that I came across in the NSS-CDS instructor guide, which was written in the early 80s. Since I do not have the instructor guide with me (it's at home, I'm not), I'll have to paraphrase it.
Paraphrased text follows
The "best" lost line drill is one where the student never finds the line. The reasoning behind this is the primary purpose of the skill is to emphasize line awareness and how important it is to never lose the line to begin with. If a student were to easily find the line during training they may get the mistaken belief that it is not very difficult to find the line, and therefore become complacent with their own line awareness. On the other hand, if they struggle to find the line for a lengthy period of time, especially if they find out how close the line was once the drill is aborted, it will likely drive home the message that it is better to never lose the line, rather than giving them a misplaced sense of confidence that forces them to rely on a skill that may never be practiced outside of training.
So, I happen to agree with that philosophy and am really happy when I have to abort a lost line drill after 15 or more minutes and when the student finds out the line was no more than 10' away, they really appreciate the value of not losing the line to begin with.