Loading time and user expectations

Is there any particular research done on website loading time and the users' expectations?

I mean, if the website takes a lot of time to load, does the user expect a nice media rich/animated experience with a lot of eye candy?
Or doesn't the user really care about the eye-candy and animated experience?
Is any research done on this topic, and does the load time raise the expectations from the website?

I have gone through this, but that didn't really answer what I want to know, because I am not concerned about conversion ratio, but my question is about the users' expectations from a longer loading time for pages. Please let me know if there are any resources I can go through on this matter.

PS: The website loads the files only in the beginning, later on there is no loading or delay.