Quite… Long. It causes the error box to be quite enlarged and cover half my screen. I am building on the latest 1.5.0 build on an iPhone. I am running on a MacBook Pro OS X 10.6.4.
Naw. Mine builds fine, the install error is just so… Scary. I'm worried there is something wrong with the build or Titanium or the SDK. I'm just bringing it to the attention of Appcelerator :)
Does this help: