I've got a Chromega B. I have the manual for it, too. If you don't have one, PM me and I'll xerox you the pertinent pages.
There is no interchangeble mixing box. The "B" is a 6x6 enlarger that will, of course, also do 35mm, but there are no changes to the machine other than the lens.
60 magenta is a lot of filtration. For Ilford MG that is the equivelent of over grade 3 1/2 !!. Have you tried making a print, say, 8x10, without filtration? I would bet that your time will be much closer to what you are expecting. If your prints have next to no contrast without filters (should equal grade 2) then something else is wrong besides the enlarger. This could be exposure, development, bad paper, the variables are many.
As for the enlarger, I hope you got the power supply and the voltage regulator with the kit. The voltage regulator is not critical, I suppose, for B&W, and I don't know IF it makes any difference in light output. The bulb is a 75 watt, 27 volt, part # 471-043 (that may be imprinted inside the lamp housing. There are a lot of these haligen bulbs that look alike, so make sure it's the right one. (EDIT: the voltage regulator - I went back and read the manual - is optional, so shouldn't be pertinent to this discussion.)
The lens might have some haze, too. But all in all, I suspect that attempting to print at a grade between 3.5 and 4 is the crux of your problem. If a filterless exposure was 30 seconds, for instance, dialing in 25 magenta will almost double that, and 60 will likely double it again, and you are at 2 minutes.