When booting into graphical mode, it goes through a lot of stuff, and then ends up with checking for writeable /tmp... yes running install... running /sbin/loader The "running /sbin/loader" step takes *forever*, particularly with slower CD - ROMS (my 6x DVD, for example, takes several minutes) since it has to start up X. It might be a good idea to add some sort of fake progress meter, either like running /sbin/loader...... (just add another dot every 5 seconds or so) or the classic spinning | just so that newbies know that something's going on and don't give up thinking that the install's hung.
Add my vote to this also, note that we are not talking about the initial blue screen at the start of the loader, but about the loading of anoconda itself after the loader is done. This really takes redicously long on my K7 650/ 128MB / 16x scsi cdrom.
*** This bug has been marked as a duplicate of 12008 ***