I have tested it twice a few minutes ago. From pressing "compile" in the IDE it takes 15 to 20 seconds for the phone to ask to install the app. After that the debugger times out (at around 75 seconds), and the app was installed by 110 seconds on the first test. (the app was installed by 90 seconds on the second test.)
The debugger should wait another 30 seconds or so, and that would give enough time to load and start the app.