As I wrote in another thread, those who bottle after 7-10 days are neglecting to take into account the off-flavor bi-product precursors released by the yeast...
"I just want to address the falsity of trub flavor going into your beer if it's left in the primary for 3-4 weeks, and the poor practice of racking as soon as desired FG is reached.
The first situation will not happen unless yeast autolyzation sets in after a period of months. Furthermore, after the yeast use sugar and oxygen to create alcohol and carbon dioxide (which takes a total of 3-7 days) their job is still technically not complete. Your beer may very well at target FG, but it will also contain a ton of precursor laden off flavors. The beer will be drinkable if racked earlier, but these precursors should really be reabsorbed by the yeast if you want a quality beer. This takes time - usually takes 3-4 weeks total in the carboy in the 60's (F). I've noticed 17-21 days of bottle conditioning at 72 F is ideal for my ales."
Off flavors can result from numerous reasons as described by the last paragraph of the previous poster. But off flavors as it pertains to these precursor bi-products have nothing to do with poor fermentation practices, underpitching, stressing yeast, poor nutrients, low initial o2 levels, and/or temperature control issues. All brewing yeast releases off-flavors during the first week or so and it should really be given the chance to be fully reabsorbed so the quality and flavor of the beer is at the highest level it can be.
Lastly, brewing on the home scale is completely different and involves vastly different equipment, care, methods than brewing on the commercial scale. You cannot feasibly compare these time frames of completion by taking your homebrew and comparing it to a hectolitre operation.