They should update all the time. This is the job of those who moderate this game, but as the moderators said that there is no time difference between playing on the CONSOLE and playing on the EMULATOR, here I come:

loading time when pressing triangle in START MISSION to full control of the character: A - 43 seconds (PS2) and 29 seconds (EMU) B - 21 seconds (PS2) and 13 seconds (EMU) C - 35 seconds (PS2) and 25 seconds (EMU) D - 41 seconds (PS2) and 30 seconds (EMU) E - 41 seconds (PS2) and 34 seconds (EMU)

Now counting the time that the YELLOW loading appears with the RED logo, on PS2 the time to control the character is 25 seconds while on the EMULATOR it is 15 seconds. adding it all up gives 2:30 minutes of advantage over the PS2 Console, and besides that I didn't even add the fps drop and loading time during the missions (it's a few seconds but that makes the difference). If this lead time was only counted in Flashback%, imagine the lead time in an Any run.

mod note Re-timed as you put the wrong time down, its RTA not LTR, SMG