Oooh. This is a tricky question to answer! Because in a way, no, it doesn’t really respect your time. Everything happens at a pretty leisurely pace, and there are a lot of things that could be cut without anything of value being lost.
But at the same time, that is part of what makes Persona Persona. You want that feeling of endless school days stretching ahead of you. As much as it is a game about fighting monsters in cool dungeons, it is a high school simulator and with that comes extended periods of frustration and other people deciding what you should be doing.
I do wish Morgana would stop telling me go to bed early, though. You’re not my real dad, Morgana!