Anecdotally, in my career I've never had to compile something myself that took longer than a few minutes (but maybe if you work on the Linux kernel or some other big project, you have; or maybe I've just been lucky to mainly use toolchains that avoid the pitfalls here). I would definitely consider it a problem if my compiler runs regularly took O(10mins), and would probably consider looking for optimizations or alternatives at that point. I've also benefited immensely from a lot of the analysis tools that are built into the toolchains that I use, and I have no doubt that most or all of them have saved me more pain than they've caused me.
