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Libs are only loaded into memory if they are *requested* by an addon. (There are a couple like Threat and LibHealComm that load anyway so they can transmit data.)
If the libraries are installed like regular addons (ie, Interface\AddOns\libraries) then they will follow the above rule. They will not affect loading time.
If libraries are installed embedded within the addon that requires them (ie, Interface\AddOns\Bartender3\libraries) then that means that there is likely multiple copies of the same library. This will slow down the game loading a little bit, as it goes through the versions and throws out unneeded ones (will load the most recent version of a library), but that's all. It only increases initial load time - not zoning time or memory.
From the way you describe it in the OP, you are using the first approach. Standalone libraries. In that case, libraries aren't the cause of your load time. Most likely it's large data mods.
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"You'd be surprised how many people violate this simple principle every day of their lives and try to fit square pegs into round holes, ignoring the clear reality that Things Are As They Are." -Benjamin Hoff, The Tao of Pooh
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