Pray we don't update it further ...

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The step that takes the longest is the "transcode with Handbrake" one. On my fairly slow mobile Ryzen 7, it takes about an an hour and a half.

The thing is, you can tweak settings in Handbrake to be faster at the expense of video quality and/or file size.

What I do is to set up a bunch of files and let Handbrake run overnight. In the morning, everything's done and I can work on the next batch. It helps that I work from home.

Ripping from disc takes about 20 minutes. Copying is as fast as your network. Updating metadata can be done whenever.