If NP somehow was proved to be P, with a likely value being something like O(n^(10^10^10)) or much larger, would the actual constructive reduction be at all useful?
We already have such a machine. If P=NP then there is some Turing machine that produces, for instance, a 3-SAT certificate in polynomial time.
We may enumerate the turing machines and call ours the M-th one. Given a boolean expression P, increment a counter N and run the first N turing machines on P for N steps, check each of the outputs of these against the certificate checker.
If M runs in time O(|P|^n) and the certificate checker is O(|C|^m) and then our hybrid machine runs in something like O((M+|P|^n)^2m).
We may enumerate the turing machines and call ours the M-th one. Given a boolean expression P, increment a counter N and run the first N turing machines on P for N steps, check each of the outputs of these against the certificate checker.
If M runs in time O(|P|^n) and the certificate checker is O(|C|^m) and then our hybrid machine runs in something like O((M+|P|^n)^2m).
All we're missing is a proof.