Three minutes.
This gives me just enough time to reach the correct level of spiritual oneness with the process

.
And to double check that all my chemicals and measuring graduates are ready to go, as well as confirming the ambient temperature, for development time considerations.
Matt,
Interesting! I also use my pre-soak time to get into the rhythm of agitating, etc., before putting the film in the developer, especially when I have tricky number of sheets in one batch.
now here's an interesting thought for all you people using pre-soak.
By pre-soaking, the water is absorbed into the emulsion and the emulsion swells. The water slows down/inhibits the developer from getting to the silver halides so takes longer for development to happen as it needs to leach into the emulsion instead of it being sucked up by the emulsion.
This means that the halides at the surface of emulsion get more development than those deeper into the emulsion. So you get more surface development rather than even development through the thickness of the emulsion.
I wonder what difference that makes and how long it takes to leach into the full depth of emulsion. Ilford say they have wetting agent incorporated into their films, presumably to help developer soak into the full emulsion depth evenly. Just another little thing to consider and discuss.
Note: I do realise Jobo recommend a pre-soak but that is because of the nature of their processor and how it applies the developer to film and not the nature of the film itself.
Of course, we who incorporate a pre-soak into our routine have adjusted (tested) our development times accordingly. For the reasons you state, development will take longer starting with a water-saturated emulsion than without.
While a pre-soak is not necessary per se, if we do use one, for whatever reason (i.e., keeping the sheets from sticking together in the developer when tray developing), then making sure the emulsion is completely saturated before the film hits the developer seems logical to prevent possible differential absorption/diffusion of the developer by/into the emulsion. There must be data on that somewhere, but I can't seem to find it. Three minutes seems to work for the films I use.
If, and it's a big if, pre-soaked films when completely developed have more surface development than deep development when compared to film developed without a pre-soak, then that should (theoretically) help acutance some... I kind of doubt that this is the case, however. Much more likely is that developer onset is delayed a bit but compensated for by extending the time (assuming equal CI of films developed with and without a pre-soak).
Oh yes; I omitted one important reason for a pre-soak in my previous post: bringing all the tanks, etc. to the correct processing temperature. This, I believe, is why Jobo recommends a soak.
Best,
Doremus