Which is why we need some input from Evilore, I think you could reduce it to 30 seconds but then you'd have to shorten the first part quite a bit and change it around. Like having a continuous monologue instead of breaking it up in bits like I have now.
"You believe in your country, in freedom and the pursuit of happyness" [Whilst showing images of the american flag, statue of liberty and a smiling happy family] - 8-10 seconds
[Sreen goes black and the following is shown on screen and said simultaniously]
"But do you believe in... neogaf?"
[Everything you said regarding the second part] - 15 seconds
"NEOGAF" [Appearing underneath the logo that's just closed up] - 3 seconds
"BELIEVE [Replacing the logo and text and being whispered like in the second part I made] - 2 seconds
EDIT: Made a slightly improved one, the more examples the better:
Part 1 revised
Part 2 revised