It depends on the nature of the commute. I've had a commute that was an hour each way, and that worked extremely well for me because the first half was by train, which is fairly low-stress and can be part of a relaxing morning routine (breakfast / coffee / reading the news), and the second half was by bicycle over quiet bike paths, which was important daily exercise that I would have to do anyway one way or another and also woke me up. The only part of the arrangement I disliked was the expense of the train fare.

Commute time doesn't have to be wasted time.