I have the same issue as RichardBeal in that opening the Games folder from the right-hand side of the Start menu, which is set up as a menu with over 90 games in it, or the All Programs > Games or 3Planetsoft screensaver folder, which has some 20+ sub-folders, freezes Start8 for upto a minute on my system. The more sub-folders or shortcuts it has the longer the freeze lasts. Once they've been accessed then they open instantly on subsequent attempts but the sluggishness returns once I reboot or turn off my PC (which I do regularly as I never leave my PC on when I'm not using it). I have Windows 8 Pro 64-bit installed and I'm running it off a 256 GB Crucial m4 SSD with 134 GB free.
I found that when I disabled Defender that the menus opened as fast as they did in Windows 7 but despite adding exclusions for the C:\User, C:\ProgramData, etc. folders as well as for *.scr and *.lnk files, as soon as I re-enable Defender the problem menus again take ages to open the first time I access them. Oddly, this issue never occurred in Windows 7 even though I was using Microsoft Security Essentials, Defender's predecessor, without any exclusions! Personally, I think Defender is a little buggy as I've seen it regularly using 13% of my CPU when I open my picture folder even though the My Pictures folder is excluded from scanning!!! Personally, I would have preferred to have kept Microsoft Security Essentials as Defender actually has fewer options and seems more like a stripped down version.
Excellent news though that this issue was being looked at and is now fixed because, that issue aside, Start8 has been working brilliantly and I've not crashes or anything like that. It can only get better once the few remaining kinks are ironed out.