My Impact refills in about 1 second. I know this because I actually shot a video of it to share with you all. I took out the reg gauge, added a fitting, a tee, a bleeder valve on one side and a 2.5" gauge on the other. (I would NOT recommend doing this as it is a lot of strain on those fine threads and can EASILY destroy your rifle if knocked around!) Then I set up the camera to watch the gauge and started shooting.
The first round was shot slow to see if the reg was actually filling back up to the same spot, or if there were fluctuations. Result: it's doing its job!
The second round I let loose and shot as fast as I could which was about 1 second between shots. I could probably shoot a little faster but, I had to aim or risk shooting through the garage wall. Result: It certainly looked like it was keeping up to me! It's a little tough to see with the card table moving all around.
Normally, when I'm shooting chrony work, I just take my time and try to stay steady with 3-5 seconds between shots.
Actually, I've noticed that with the Impact, you can hear the second reservoir refill between shots.
I'll try to get that video edited & posted soon. I've been insanely busy lately so, don't hold your breath.

Tom
Here's a pic. Mind the pressure, it was during tuning and that's not what I'm set at anymore.