There are a lot of threads on this if you search for something along the lines of "forgot to slap wyeast." I just brewed and used Wyeast this morning. I slapped the pack and left it out at room temperature, and within 1-1 1/2 hours, it was swollen. I'm pretty sure you can pitch it before the three hours is up, but I'll defer that to those more experienced than me.
Edit to add: Also, when you slap it, feel the pack and you should be able to feel the little bubble inside of it. I generally work that pouch down to a corner of the pack and give it a couple of good smacks. Then just give the pack a shake every now and then and she'll swell up real nice.