Exactly the above. You went in unprepared, wiped several times and didn't know anything about the bosses. The punishment for that is that you were not able to complete the instance. The only times I ran out of time were Brayflox at the endboss and Cutter's Cry at the endboss because we wiped to them multiple times, for reasons that mechanics were not entirely clear or people could not correctly handle them.
Prepare for the instance, get a good group together, and you won't even ever see the timer going down below 45 minutes.

Yes, because it takes some of the fun out of it. This content is new, fresh, and should be able to be enjoyed. Personally, the only time I look up a strat is when we are just getting stuck on something (to make sure we aren't totally missing something) or if we are getting down to the timelimit.
So you're saying that you DON'T want to prepare beforehand, waste the time of your group and still be rewarded? Yeah, no.