Constituent Update Batches with relationships take longer than batches without relationships

After upgrading to 4.0, constituent update batches with relationships take significantly longer than batches without relationships. 
We're currently evaluating this issue for a fix in a future patch or service pack.  

Steps to Duplicate

  1. Select Administration, Import
  2. Create a new Import Parameter
  3. Select the file and map the fields
  4. Start the process
  5. Commit the Batch-see it takes awhile to run

Environment

 Blackbaud CRM
 4.0
 4.0.141.0

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