I've initialized a few big systems, and I wouldn't think it shouldn't take that long.
You're not seeing any err messages ? Progress is showing ?
Maybe patience is a virtue ?
I hope this response has been helpful to you.
At your service,
Eugene E. Kashpureff
ekashp@kashpureff.org
Fastlane NetApp Instructor and Independent Consultant
http://www.fastlaneus.com/ http://www.linkedin.com/in/eugenekashpureff
(P.S. I appreciate points for helpful or correct answers.)