Just to add more data points to this thread:
My latest app:
Aug 7: Upload received
Aug 7: Waiting for review
Today (Aug 15): Still waiting for review
Update to my apps ShatterBall and ShatterBall Lite:
March 9: Waiting for review
March 11: In review
March 11: Ready for sale
First release of my app BalloonMaker:
Feb 9: Waiting for review
Feb 11: In review
Feb 12: Ready for sale
So in conclusion, the process time appears to have increased in recent months for both new app releases and updates, but at least I know I'm not alone. Thanks to all who have posted.
