I can confirm this bug:

Acer emachine E730G
Win7 Home Premium SP1
Core i3 CPU
4Gig ram
ATI Readon HD5470

File size 360kb 
LibreOffice 4.1.1.2
Calc .ods filetype
Tabs (5)
Max rows per tab 8849
Max Columns per tab 8
No formulas (flat data)
Some fomatting, cell colour etc.

Time to save 65 seconds!!

2 CPU cores maintan approx 50%

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https://bugs.launchpad.net/bugs/1034999

Title:
  libreoffice-calc very slow to open/save documents with large cell
  contents

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