I try to use timing to my advantage by instacalling (or instaraising) my set on the flop (for instance) when I don't want donks to try and draw on me.
I sometimes take a few seconds to think over a big scare card to scare the guy into thinking I have it and have him check so I can draw my straight or flush. When I have an unbeatable (or nearly) nut flop, I'll just play standard timing, no games, raising or check/calling according to position and opposition.

I'm more weary of minimal raises than time taking.. But sometimes the guy is just a newbie with no idea.