rotsey,

   Well, it very well could have to do with the initialization of the form.
Is there anything in the constructors for the form, or the user controls
created on the form that could cause a delay?  What about the Load events of
the controls hosted on the form, or the Load event of the form itself?

   There are many places where slowdown can happen, and it is most likely
an issue with code you have written which either processes the shortcut key,
or opens the form, but without seeing any of it, we can't tell.