Hundreds of attempts and a few weeks later and we finally have a new PB. Not overly impressive, but shaves eight seconds off my previous record. Still another ten seconds to go if we're going to move up to fifth place.
Main issues here were with the Lindas at the end of M-3, the Rowpers after the wall climb in M-4, and the boss rush (Good Abobos and Chins, bad everything else).
I am NOT done with this game yet. I know I can go lower. Ultimately, I'd really like to see a sub-12 at some point.
As with my other submissions, the reason Livesplit appears off of the actual game timing is due to my capture card. I use an Elgato Gamecapture HD which is USB 2.0 and has a delay. As a result, the timer starts 2 - 3 seconds before I gain control of Billy, and stops the same amount of time before the cutscene begins.