Dual 2Ghz G5. Tried setting to only 1 CPU but unfortunately it didn't help.
Darn, not sure why my MacBookPro is no problem.
Try applying the performance tools, like Sampler or Shark, to Rez when it's
rezzing forever. If you can see details of what it's doing forever, you
may be able to figure out how to stop it from happening.
Also see 'lsof' to discover what files Rez has open. That may also provide
clues.
If nothing provides a clue, start at zero and add successively less trivial
.r files until it fails. If it fails with nothing at all in Xcode, see if
you can get it to fail at a Terminal command-line.
In other words, apply standard diagnostic and debugging procedures that
successively narrow down the scope of where the problem could be.