Depends on how much of a hurry im in, if the subject im trying to catch is say, a flower, then im usually very slow, put the caps on my lens, reverse the hood ETC
if im in a hurry(IE, theres a plane coming, or a bird, or i hear a helicopter) ill skip a step or two and just toss the lens in the bag and cap it later
I have a Slingshot 200, So my 100-400 has to be stored with the hood reversed...and i cant get the lens cap off the 100L without the lens hood being off of it...Only the 15-85 is stored "ready" most of the time and thats the lens on my 7D when it goes in the bag 85% of the time, only exceptions are if im going somewhere and i know ill need the 100-400 or the 100L more often...