Yes, I've initiated paycoin transactions. They go through instantly just like any other coin. The question is how long it takes to confirm, and there paycoin is faster because the block time is lower than bitcoin's. There is nothing special besides that.
If you cannot understand that difference we have nothing to talk about.
You do realize that every wallet that stakes is "mining", and every stake that gets paid out is a mined block, correct? There is nothing magic about Paycoin - it's a PoS (in multiple senses) altcoin with 1 minute block times. No hyper-flux-capacitor, Orion, or any other special transaction-processing nodes exist. It's just a peercoin clone with 50 "Prime controller" addresses stuck into the code. The only thing special about these addresses is that coins in them hyper-stake at 3500% APR. where normal wallets stake at 5% APR.