Hm, never encountered the Carmichael function before, but I have had a cursory understanding of Carmichael number.
Given a standard 2048-bit RSA modulus, the totient is still ~2048 bits. I'm not sure and haven't done or seen analysis given the reduction in size (and search space) when replaced with a Carmichael function.
I know, I'll attempt to summon cperciva.