Sorry to correct your math here, but going from 6 hours (6*60=360 minutes) to 4 minutes is a 90x improvement, not 900x.
Yes, N^2 to NlogN feels like it should be a bigger factor, but remember that constants in front of this matter. You are replacing 2-level nested but very straightforward loops that rip through cached memory at blazing speed without any disruption to CPU pipelines with a single loop that involves quite a bit of condition checking and array element swaps (cache is busted, pipelines are busted - conditions are very hard to predict). You gain some, you lose some.