Lightmapping times will vary depending on scene complexity and PC how fast your PC is.
Pre-baked lighting is still a work in progress so there are several issues with it currently.
Gigabyte P67A-UD4-B3, Intel Core i7 2600K, 16GB Corsair DDR3, EVGA GTX 970 SC, Win7 Pro 64-bit SP1, Primary monitor @ 1920x1080, secondary monitor @ 1024x1280