That makes it sound even worse, actually -- it takes 80 seconds to start up and it still isn't finished? What is it doing for those first 80 seconds?
PS - I decided to open up The Daily to confirm that the JPEG artifacts do not go away after further loading. They do not. However, it is a little after midnight for me now, so when I opened the app, I hit the "A new issue of The Daily is being delivered" wait screen. How poetic.