I'd like to see the steps required to derive an address by hand, with pen and paper, along with an estimate of time required.
Is it feasible to derive an address entirely with pen and paper?
What are the steps required to derive an account?
Approximately (order of magnitude) how long would it take to perform each step?
Related questions:
How to generate paper wallet on myetherwallet.com?
How is an Ether paper wallet created?