Well this is more of a Question/Suggestion
When people report they're helping out the staff. And the staff likes when people report things, because it makes their job moderating the forum a lot easier. I remember Ira saying something along the lines of this, "If you want this forum to be cleaner and not filled with spam, you have do your part and report." Where I'm going is, a lot of people on this forum are impatient. Just look at when it's Tuesday night and the manga comes out in the morning. People are constantly posting threads saying "where is the manga!" and "No manga today?".
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I believe the time interval between reports, might be irritating members. And they will just not report. I know I don't like to report things because of this. 60 sec is very annoying if you're trying to report multiple things.
In all honesty, this should be at least 30 sec.