The time it takes MicroBlaze to enter an Interrupt Service Routine (ISR) from the time an interrupt occurs, depends on the configuration of the processor and the latency of the memory controller storing the interrupt vectors. If MicroBlaze is configured to have a hardware divider, the largest latency happens when an interrupt occurs during the execution of a division instruction.
With low-latency vectored interrupt mode, the time to enter the ISR is significantly reduced, because the interrupt vector for each individual interrupt is directly supplied by the Interrupt Controller. With compiler support for fast interrupts, there is no need for a common ISR at all. Instead, the ISR for each individual interrupt will be directly called, and the compiler takes care of saving and restoring registers used by the ISR.