How far along has it come? Osm2pgsql should give the
number of nodes,
ways and relations it has processed so far. If it is nearly done, then
we don't have to worry too much about this.
It's already in the processing
of relations, which is of course the most
expensive part. You may monitor the progess with
tail -c 100 -f /home/project/o/s/m/osm/import.log
on any of the login servers. It's currently at
Processing: Node(541873k) Way(40262k) Relation(235k)
Peter