So, I don't know if this is for every platform. But, if I have my bow equipped and switch to daggers, it literally takes two and a half seconds for him to draw his daggers. This is switching weapons while they're drawn. Watching youtube vids, it doesnt look like its supposed to take that long. Anyone else experience this? Or is it normal?

I have experienced this. It's rather annoying to be honest.

Indeed it is. And its not just sometimes. Its everytime.

I've noticed this too. It's quite annoying when switching from magic to a dagger.

One of the fine features of the PS3 version.
(Actually, I don't have much problem with my PS3 version, hardly any lag, freezes or anything. But this is something I've experienced too. Incredibly annoying.)