Initially, people thought the timer was too slow. However, learning damaging combos, resets, and strategically timed spell card declares will help the round feel either longer, or end it quicker through KOs. Recently I rarely had timeouts, thanks to the pop system forcing players to be more aggressive, resulting in not as much blocking and CHs. Higher level play has a lot of this :V
As for the wiki, the reason why it hasn't been updated was because of the amount of constant patching that changed a lot of effective combos in general, so we got fed up and lazy and decided to wait until the game has calmed down on the patching at least :V
However, I plan on working with the guys at #shinkirou to make a practical BnB combo video for beginners to watch on every character on the cast. I'll be focusing on Koishi myself :V