My guess would be the same rules for anything. Be at the gate 30 mins before park open and go directly to the ride for the shortest wait, or snag a fastpass for later. Will this ride have Fastpass??
I would NEVER wait that long for 1 ride. My ride wait max is 1 hour and that's pushing it.
We did this with Nemo back in December and it worked just fine. We got in ilke about 10 minutes to closing and waited about 25 minutes.. You can get in line at 11:59 if say the park closes at 12 and they will still let you ride.