If you run Basic4ppc program without compiling it, then it is much slower than if you compile it (optimized compile). Go to File>Compile, make sure "Optimized compilation" is checked, and compile (either device or desktop - for desktop choose "Windows EXE"). This will run in a fraction of the time. The reason is this: before compilation, Basic4ppc program is interpreted - each line is read and then executed. This takes a long time but allows many debug-time features. Compiled programs are translated into Microsoft .net intermediate language (MSIL), and Windows in turn translates them to assembly. This makes them very fast.
Hope this helps.