That's how base game works anyway. I can rewrite the settings a bit, so instead of "general time" and "fading time" there will be "living time" and "fading time", then general time will be sum of these two (maybe this will even be less confusing for people), but i'm not sure that it is needed. I doubt that someone realy need such precision. Pretty sure most people just set something like 30/10 or 300/15 and that's will be ok.
Main reason i wrote this was that there already similar mod, but it doesn't properly work with shading and many modded cheatures.