Yup. It's taking a looong time. But I'm happy to let it run. I think I've got 6 or 8GB of RAM so I'm not lacking for RAM, and a quad-core processor. The only thing I'm lacking is a faster HDD. I can get a faster one for the normal type, but I'm thinking of getting a solid state one later on. Once it's done, it's done, and I'll only need to add to it monthly, or thereabouts.
And of course, once it's done I can sort out my saved library files and such. I'm keeping a master copy of all my files this time, and hopefully will be able to eliminate a LOT of duplicate files.