Jim
You are absolutely right. We did change the default setting from 5 to 60 seconds.
We made this change with the CDN customers in mind where 5 second caching was simply too short (ie. Publicly available Internet contents that are cache-able don't really change every 5 seconds. And by keeping it at 5, ARR will have to check for the "freshness" unnecessarily too frequently.)
In our testing that simulates CDN, we determined that 60 was more appropriate default value that balances between performance and resource consumption.