The advantage of dynamic languages isn't that you get your coding done 5x faster, because most projects don't actually spend all that much time coding. It's that you can do 5x as many iterations in the same amount of time, which changes the way you approach your interaction design.
Pointers would be very much appreciated.
I've inherited 50K lines of java of the 'cut-and-paste' variety after one of those 'rockstar ninja' types quit just before product launch and I'm busy refactoring and commenting everything. Currently the ect cycle is on the order of a couple of minutes and I'd really like to get that down to something more manageable.
I think one of the main strengths of the Python/Ruby communities is that it's expected that you'll be able to edit a file and immediately have the changes reflected. If this doesn't happen, people complain! While in the Java world, a lot of people (including myself, eventually) just accept it as business as usual, because so many libraries and apps don't work like that.