Yes, I also mentioned in this comment that the payout time on the Steem blockchain is one week (7 days). I think that one week (7 days) for the power down period would be completely ideal, but the author of this blog post (@liberosist) calling it "the worst case scenario". I wonder how many Steem witness would agree with the one week (7 days) power down time?
RE: (Very) Basic stuff Steem needs to fix: my personal list