Laberge studies show that counting down in dream time and counting in real time (monitored via eye movements) were roughly on a par. There is a fair amount of concensus on this.
http://daniel.erlacher.de/index.php/...n_lucid_dreams
Atkins513 appears to have it backwards. The motor activities study indicated that dream exercises took approx 45% longer in perceived dream time than they would physically take in real time.
This would actually reduce the perceived dream length, not increase it.
i.e. 30 mins of dream squat thrusts would waste 60 mins of REM time.
Cutting your perceived dream time in half.
I'm really not sure how a dream can "seem" to last years.
I presume when Robot_Butler refers to "false memories" he means that when he ponders gaps in time, his brain then takes the time to rationalise the experience. Meaning we're still stuck in an approximate real time.
Those compelled to boast about literally living years in a dream, based on their zen like mastery of the cosmic dream arts...well putting it diplomatically lets just say they're "mistaken".