You probably know a lot more than me about this, but in most cases that I'd be interested in, it is a requirement to process white noise up to tens if not hundreds of GHz, i.e. mandating time steps in the single digit ps. The way the time step is described in the manual (15.3.11), as a fixed quantify that equally divides the total simulation time, does not seem to be practical for this (and I haven't been able to get good results). A related hint the manual gives is: Transient noise analysis (at low frequency).
Eldo, BDA, Spectre, others, seem to have found a way to manage the time step requirements differently. You of course still need to specify how far out in the spectrum you want to look, but the simulation time does not blow up under a small time step requirement.
A good test case is an RC circuit with a 3-dB bandwidth of 10 GHz (a model for a high speed sampling switch). One needs to look at noise up to about 100 GHz to get the well-known sqrt(kT/C) result for the observed RMS noise.