LBO Modeling Tests

How in depth are the modeling tests for PE interviews? I've heard that you generally get 30 minutes for a basic LBO without a BS and an hour for a more in-depth one that incorporates a full operating model.

For example, how much time would you get for a modeling test like this one?

http://www.streetofwalls.com/finance-training-cou…

Also what sort of things are you expected to build into the model? Should I be incorporating stuff like dividend recap options, OIDs, PIK, etc. or only a cash sweep? Also are the revenue builds more similar to the example from the Street of Walls website or are they simpler with just a straight revenue growth rate?

And for cash flow, do they generally want you to build out a real cash flow statement or would it be cool to just do EBITDA plus DFA amort / NWC changes, less cash interest / mandatory amort / capex / taxes?

Also finally should I be responding to headhunter emails right now? Got a crapload today and they're all asking about fund / location preferences and I'm feeling pretty overwhelmed since I haven't thought about any of it and only started practicing LBOs like last week

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