I was wondering if there was a difference for company or individual developers?
We registered as a company and just getting the legal department to allow us to submit took 4 weeks. After that the review of the application "Stay Tonight" took only about 2 weeks, but it did not show in a AppStore search for 2 more weeks. In fact we had to report an incident for it to show up in a search. Then the date of availability was left to the approval date and not the discoverability date, so we never showed in the new app section. So it took about 8 weeks, not too bad.