I misunderstood the questions, my apologies as I had assumed you two were together, so here's my take on things,
Not only has he said that he wants to be with me but he says -
I need time to adjust to this possible relationship b/c of my last GF and how much I was hurt.
I believe you should take him at his word, and
give him the time and space to heal. You really do have to appreciate his honesty.
He also needs time to adjust to the LDR because his previous relationships were nothing of the sort - there are two different extremes... Does he mean it when has says give me time but I do want you?
WOW, no wonder you are attracted to him, his honesty is a very good sign he is a good guy, that
needs time and space to heal.
However I was wondering just if I should wait around or not..
No, I would not. But you can be enjoying your life without him and being happy with yourself and your life
Talaniman Rule- Don't put your life on hold for any one.
He says that he can't ask me not to date anyone but if he had the choice I wouldn't
I am confused as to what you mean here, but if he wants you to wait, DON'T and make no promises to. Life is just to short for a maybe as to how someone will feel after they heal, or make up there mind. He may be sincere, but he can't know how he will feel about you later, given he doesn't know HOW LONG HIS HEALING WILL TAKE. If he knew he would have told you I think as he SEEMS to be forth right and honest.
I was just wanting to know if this 'adjustment time' was for real or not. )
I think it is. The real question is how you deal with it, and I hope you put yourself first. You cannot build a life for yourself on maybe, or what if. The only FACTS you have are:
He is honest
He needs to heal
He has to decide what direction his life will take after he heals
You have a life that makes you happy without him (or should, for you to be happy and healthy.
So, No, don't wait to be happy with yourself, and what your doing. He will let you know when he is ready.