I check out various GIT work trees in a sub folder that's ignored via the .gitignore file. I'm using 1.2.2 released recently, with the new .gitignore processing.
The results in performance are pretty staggering:
It does actually ignore them for formatting, but clearly the performance hit is big.
I'd be happy to experiment with this and attempt a pull request if you have any pointers to where I should look?