The loads that used to take 45 min in the dryer take 1:15-1:30, only a little bit less than hanging up. But I don't have to hang up laundry if I don't want to. I have a bounce bar(recently discontinued), but it should last me a really long time because the clothes never get hot. In fact the air leaving the dryer is cooler than coming in (due to the evaporative cooling effect). The clothes also take less of a beating without the heat, so there is not a lot of lint, and I never need to worry about designs fading or cracking or melted fabrics. If you want your clothes extra soft, or don't have a bounce bar follow this recipe for cheap fabric softener it works great (the second recipe in the link provided)

http://happymoneysaver.com/homemade-liquid-fabric-softener-recipe-works-best/