code formatter takes forever

I am seeing something odd. I upgraded to 10.6 and now both 10.6 and 10.5 take about 4 minutes to reformat code. My target DB is 9.2. I first noticed when I tried to look at a script for a view and it seemed to go out to lunch and not return. I treid several times before I got distracted and noticed that it came back after reformatting the view’s script. I then tried to reformat another script in an editor window and saw the same behavior. I’ve tried setting all options back to the defaults with no change in behavior.

So anyone have any ideas?