I just found a massive skip:

i know that a 1:13 is possible on emulator, on n64 at least a 1:14. this trick technically saves pretty much exactly 5 minutes, theres also another minute to gain in sandy beach. So interestingly enough its actually quite difficult to get 1:09, but not impossible for sure. 1:08 is defenitly possible 1:07 may not. Now that my cartridge finally arrived i can see what times i can push this to. :)

Edit: its super hard .... so yea it's an IL strat or maybe for short categories, getting 3 in a row would already be staggering. I get it like 1 out of 30 times max or something and going for it in a run risks dying, would be surprised if people used this in a run. maybe if youre behind pb and have to do yolo strats but yea...

altho the other skip seems to be possible to get consistent (not entirely sure yet) at least so that you'd get it about half the time in a run, assuming you get half of them you save about 1:30. i think 1:09 on n64 is doable but it would be pretty hard.