+1 on JRebel. It works well with a hybrid. Of course, it is expensive, but you will quickly get a cost savings. The initial load is slower, but after that it will save a lot of time.
Another thing is to take a look at your localextensions.xml and provide only those extensions that are necessary for your project. This is of great importance for startup time.
I also saw reasonable start-up improvements using DBs other than HSQL when starting the platform. I use MySQL locally.
It's another matter that you have enough grunts in the car you are using. I just started the platform and even launched it with JRebel “in just 200 seconds”. I would suggest looking at the quad-core processor and SSD to improve the time for local development.
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