Look here: (Also the subsequent links)
Well consider fact that God exist outside time/space, maybe it is not such waste.
There are vast numbers of transitional forms in the fossil record. Only creationist sources claim that there are not, and it's hard to tell whether they do so from ignorance or dishonesty, but neither option inspires confidence.
For just a very small taste of the countless transitional fossils which have been found, see Transitional Vertebrate Fossils FAQ, or The Fossil Record: Evolution or "Scientific Creation". Both links continue on to multiple linked pages, be sure to read them all and not just skim the introductory pages and say, "is that all?"
Do you also have a theory as to why he would bother to waste his time "Evolving" everything into existance instead of just creating the product in its final form to begin with?
Do you have supporting evidence for your presumption that life today is in its "final form"? Perhaps he "wasted his time" evolving life because he has plans for it beyond merely where it has reached at present day. Surely he thinks of the future as well, even if you don't.
Do you have a theory as to why God bothered to create anything at all? I don't presume to know the will of God, or pretend to understand His motives.
More on the lack of transitionals and the fossil record:
Billions of years is like a blink of the eye for God. Anyway, who are you to question God's motivations?
Your "lack" of transitional forms always turns into a lawyering trick to explain away and dismiss what IS there. The gimmick turns out to be that no matter what IS there, you have a way of saying it's not a transitional form. There's no stopping you from playing that game, but what evolution predicts (forms intermediate between previously known forms) turns up with great regularity and has been doing so since Darwing published in 1859. The situation is thus the very opposite of what you invite people to believe.