fair enough.... but I can say your time estimates are a bit off OR you dont care to much about your phone and preference settings as setting up & checking the phone settings under each section under Settings area is much longer than your timeline alone. If it were as quick as you say, there would be less reason for apps like TitaniumBU and MyBackupPro that backup phone data and such & have protocols for restoring your wiped data.
Don't let my post count # here on these Droid forums fool you, I have 2000 on another Droid forum I use more often so I have some experience. But I am came here as it is Pete's preferred forums for his GPA ROMs. But I admit wiping data is not something I have had to do thus far in using all of Pete's ROMs, rotting many phones, custom creating my own hacks and Metomorph mods, so it is new ground for me. But given there are whole posts and threads on other forums detailing good restore methods after a data wipe.. I am thinking an hour or so to get it back to the way it was is more likely realistic. So, I may be "making it into a terrible job" but I certainly think your exaggerating its true timeline to get back your phone to the way you like it. Hell, the market downloading several hundred apps alone is going to take more than "10 minutes".