if all miners agreed to abandon all transactions to and from one particular adress would it be possible to keep the system going and ingnore this adress?
how long would it take the community to do this approximately?
You would need 51% of the miners to agree. If more than half of the miners refused to mine against blocks containing that address, then it would be effectively dead.
Mining pools would have to convince their miners that it is a good idea.
However, it is a dangerous policy. What happens to merchants who accept payments from that address? There could be 1-2 block confirms that get overridden by the majority miner bloc.
It makes the entire system more complex, some bitcoins are "more equal than others".