> The next time you forget a password and need to reset it, how likely are you to be willing to wait three days?
10 minutes like others suggested is way too short that said: this wouldn't catch attacks happening at night.
But to answer your question: it really depends what it is that you are protecting. For most sites I use by very far I don't see how 72 hours without access would be that problematic. Not logged in to StackOverflow for 3 days? Not a problem. Not logged in to HN for 3 days? Not a problem. Not logged in to Twitter for 3 days? I can live with that. Etc.
The question is: how much convenience are you willing to trade for security?