or get into the debian repos.
I don't know what it was doing but there was a python process that was using every bit of CPU available and a ton of swap.
This same machine can build ruby 1.9.2 in under 10 minutes. It took less time to download and refresh all of my installed macports (including postgresql 9.0) than it took to attempt to build pypy.
It does however build much, much faster on PyPy.