On new Windows 11, Unreal Editor takes a very long time to popup loading window.

I had the same issue. First boot of the Unreal Editor was taking ~15 minutes on a new PC. 20s on every boot after that. Tried the recommendations in this thread, it didn’t help. Debugged it a bit and it turned out to be this setting in Options->Debugging->General:

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Now its 20s everytime.