I honestly don't quite see the deal about skating four programs at the Olympics. These are the very best trained athletes in the sport. They're professionals, and I assume they know how to manage their time.
It would seem to me that, if nothing else, the Team Event is a dress rehearsal for their individual events. I think the actual skating is probably less than what they do in a practice session on most days. Now, admittedly, the hair and makeup and all the falderal is probably a bit to handle. That part would drive me insane.