There's a line in:
  $PerlDir\site\lib\Win32\OLE\Const.pm

[download]
that reads
  __PACKAGE__->_Typelibs;

[download]

If I comment out this line then it loads instantly, if I uncomment this line, then I get my delay.

Update: it appears that _Typelibs() is defined in

  site\lib\auto\Win32\OLE\OLE.dll

[download]

In reply to Re^2: Win32::OLE::Const startup delay by monarch
in thread Win32::OLE::Const startup delay by monarch

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