That's how long it was in the beta and I don't remember much changing once the final game launched. I remember watching a whole tv show on my tivo while waiting for a game to load. That's not even counting the mass boots, super spawns, invisible walls and fences.
I am a Socomer always will be. As long as they keep making the games I will play it till I'm 80. Let's be realistic though the game has been terrible. Play MW1 or two or KZ2 and see that for the most part it is pretty smooth online. Then go back to Socom and see how there is a constant lag throughout the whole game. I wouldn't have even bought MW2 if there was a good Socom game out for next gen. The game is terrible I play it for my clan and friends.