Well, technically, efficiency is what conserves wood, not necesrariy burn time. In comparing stoves that are the same size and equally efficient, the one with a longer burn time simply lets you spread out the release of the BTU's. The amount of heat you get is the same. This argument was well aired in the BK Wars. While fundamentally correct, I think this argument misses some of the nuance of operating a wood stove. Both stoves would release the same amount of BTU's from a load of wood, but, IMO, the stove that releases them in a less controlled manner tends to waste heat, because most houses do not retain heat perfectly. Then there's the wrinkle of the longer burning stoves tending to have lower exhaust temps, so more heat is staying in the house. Anyhow, yeah, I think you would save wood with longer burns, but some folks will tell you that you only save wood because you get less heat.