Act I is edited, spellchecked, and e-mailed to the first of the beta readers.
It took a month. That's kind of ridiculous.
For Act II, I am going to try to cut that in half. I know it'll take two days to make notes on the hard copy, and two days at the other end to do the read-aloud edit. That leaves me 10 days to do the main meat of the edit. That should be doable.
Whether I'll actually do it is another story...