Lou -
I didn't want my wife's gift to be the first piece of steel I attempted to heat treat, so I spent part of yesterday pounding out a utility blade for myself to use as a tester. After I was done hammering it, I normalized three times, then started filing/grinding to get the final profile. That finished up around 10am, and I waited until about 8pm that night to do the quench. Heated to what looked like the right temp, held it there for a few minutes, and quenched in 130f canola oil. I did this twice, then immediately tempered at 385f for one hour. No bends, warps, cracks, or anything else that I could see, and a file I used earlier to clean up the profile skated right off of it once everything was said and done. Granted, this is a single data point, but it seems like waiting between normalizing and quenching/tempering wasn't an issue at all. Of course, this is also the first time I've taken a piece of metal from stock to knife, and the first time I've heat treated anything, so it could just be beginners luck!
Either way, after a quick paracord wrap and some time on the whetstone, I have myself a new beater utility knife that I'm pretty happy with. Going to take lessons learned from this one, and try to finish my wife's blade this weekend. Thanks again to everyone for the advice!