Drying time after a VPI record cleaner?

I have the HW-17. My records come out completely dry after 3 revolutions with the vacuum on. I do only clean one side at a time, right before I play it. Once in a blue moon, I'll notice a drop of liquid on the very edge of the disc if I'm not careful removing the disc and bump it up against the fluid applicator brush. 

I agree with bdp24 that I'd be more concerned about gathering more dust while "drying" than I would about moisture, and I use a new MoFi inner sleeve after clearning - any moisture problems would be apparent in the plastic if the albums didn't get dry, and I've never had a problem. 

bdp24, good point about the dust falling on records in the dish rack, I had thought about that as well.  Perhaps I will modify my method in using the dish rack, and once it is full with 13 records, sleeve the first 6, and continue cleaning.  That is, if I have the gumption to keep going!  I usually get bored and tired of record cleaning by number 13.

Leaving them out for room drying will result in more debris on the clean record in my estimation. The VPI, once you get the wand angle right, should dry them- i like the idea above, about the lift (assuming the vacuum isn't so strong that it pulls the record when you lift). The problem, as wand machine users know, is that over-vacuuming can cause static. I also like to do a rinse step, and use a "two wand" approach for that, which means you have to buy another wand and another mounting pillar from VPI. My 16.5 started life as a 16 and still works! (I have other machines, but can and still use the VPI on occasion). Keep your wand pads clean, clean your applicators scrupulously. 
The air compressor- you don't mean canned air, right, but a real compressor? Presumably, with appropriate oil and particulate filters? I have various compressors that I have used for the system, but use a Rocket Blaster- bulb duster thingie that you can buy for 10 or 12 bucks on line- the large size--to get rid of loose surface detritus before cleaning. Another tip- if the record is nasty dirty, don't go scrubbing on the first cleaning pass. Wash lightly without a lot of scrubbing or strong agitation, vacuum, clean the vacuum lips, and then if you are of the agitation/scrubbing school- do that, to avoid grinding the surface stuff into the record in the process of cleaning it. 

Whart, I am impressed by your attention to detail!  How do you go about cleaning the vacuum lips in a relatively easy but effective manner?

Toothbrush is fine. I also use a solution of very pure alcohol and lab water to clean all the brushes and applicators, and rinse with lab water after a cleaning session, but if it is a nasty record, i have other brushes set aside for those, that will not be reused until fully cleaned.