The thing is, the second time I installed Windows 7, I had Windows Updates disabled. I had Steam, Guild Wars 2, and Borderlands installed which were much bigger than the entire 123 updates I had to do. That still booted up within that same time frame.
Maybe I am expecting too much out of this build, though I expected a 3.2 Ghz 3930k and an SSD to make things blazingly fast upon boot time.