I have sent a xxxxEUR amount via SEPA yesterday at 16:00. It arrived at my account on Bitstamp today at 12:00, already converted into USD. So its took 20 hours.

One hour after arrival I traded them into Bitcoins and withdrew them again immediately into a privat wallet. Withdrawal was done in 15 minutes.

So still no problem for me. Everything is fast and smooth at least for me.