200 hour weeks would be quite unsustainable, indeed. Forget not sleeping, where do you get the other 32 hours?
This is most true for tasks that are more intellectually demanding, like the development of large-scale software (which is what Brooks was writing about.) The more routine a task is, the easier it is to divide it up (though that is rarely to the benefit of the worker.)
By my experience I would say around 18-24 months.
I've tried the steady working, but I just do not operate that way. When there is work to do I do it, and simply have a hard time sitting still or concentrating on something else.
I'm fortunate to be in a field and with a company that is flexible in this way. I also really like this method. When I'm on vacation that is my 100% focus. I'd much rather work a lot and then completely unplugged instead of always working even on vacation.
If, on the other hand, you are only interested in the product, and/or you have other stuff to take care of, that would be Hell on Earth for you.
if i want to shortcut communication i simply call mates via dialthrough or skype
The issue I had was with this as the answer to life, universe and everything: "thou shalt not have life outside of work."
There's a reason why 80-90% of the wealthy/developed countries make it illegal to overwork people (even if the worker would be willing to work)
Rather you're back at far worse than 40-hour levels. Once fatigue settles in the code will be much worse.
A programmer who works 55 hours a week will produce twice as much code - but for how long? Once fatigue settles in (a few weeks in), you're back at the 40-hour productivity levels, just paying it at 55-hour rates (and organizational overhead for overtime, oooh boy!), plus burning out the developers (and organizational overhead for employee churn).
Your assumption is that 55 hour weeks are sustainable: just change this number in the spreadsheet from 40 to 55, and voila! And while we're at it, why not 80? Why not 200? Very PHB-ish, in my unhumble opinion.