It would appear that the majority of the delay occurs when this item is listed:
08:05:19 The Shell Hardware Detection service entered the running state.
I'm no expert on the subject, but this reminds me of what happens when the BIOS has trouble detecting some hardware, such as a harddrive, flash drive, etc. I would open the case and disconnect everything possible, except the harddrive that the OS is installed on, the RAM, video card and of course the power supply, and then boot and see if the delay remains. If so, then I'm probably wrong. If not, then reconnect the components one at a time, until you find the one causing the problem.