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I've been submitting for about 5 months now, and just last week I got an acceptance email on one of my very first submissions. I've noticed some of the high traffic sites run behind sometimes, and then "bam"...they'll list several sites at once. Sometimes it's a month or more after the initial submission.
One thing that seems to be happening is that I get listed quicker now than I did when I first started. I think once the reviewers get to know you and your domains they give you the nod a little quicker than they do for new submitters.
My sales definitely have a delayed reaction, too. I got three sales yesterday on sites submitted months ago. It's hit and miss for now, but I seen a nice increase in traffic flow, and sales seem to be following.
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