Oh absolutely. I wasn't trying to argue that they don't require a massive time investment, because they absolutely do. I was only arguing against the assertion that they require a large time investment because the devs didn't respect the player's time, at least in the context of the battle speed of FF8 that was mentioned by OP.
Older games like FF6, Chrono Trigger, etc. don't feel nearly as slow to me as FF8, Chrono Cross, etc. The former are 2D cartridge based games while the latter are 3D CD based games. All of them required pretty big time investments to complete, but battles don't feel slow on the cartridge games.
I just discovered the Rob Words YouTube channel recently and this is an excellent video of his.
I especially liked his breakdown of the history of the term eggcorn and how it differs from similar linguistic phenomena.