Seems like its fine now (~10sec on the Corona SDK and ~30sec on the Game Edition).
Here are the logs:
HelloWorld Corona SDK:
Compressing/copying PNG /Users/ez/Desktop/corona/SampleCode/GettingStarted/HelloWorld/Icon.png to /Users/ez/Desktop/HelloWorld.app/Icon.png
Compressing/copying PNG /Users/ez/Desktop/corona/SampleCode/GettingStarted/HelloWorld/world.png to /Users/ez/Desktop/HelloWorld.app/world.png
/Users/ez/Desktop/HelloWorld.app: replacing invalid existing signature
/Users/ez/Desktop/HelloWorld.app: signed bundle with Mach-O universal (armv6 armv7) [HelloWorld]
HelloWorld Game Edition:
Last login: Tue Nov 2 14:08:23 on ttys000
/Applications/Corona\ Game\ Edition\ 2010.109/Corona\ Terminal ; exit;
E-Zs-Mac-mini:~ ez$ /Applications/Corona\ Game\ Edition\ 2010.109/Corona\ Terminal ; exit;
Compressing/copying PNG /Users/ez/Desktop/corona/SampleCode/GettingStarted/HelloWorld/Icon.png to /Users/ez/Desktop/HelloWorld.app/Icon.png
Compressing/copying PNG /Users/ez/Desktop/corona/SampleCode/GettingStarted/HelloWorld/world.png to /Users/ez/Desktop/HelloWorld.app/world.png
/Users/ez/Desktop/HelloWorld.app: replacing invalid existing signature
/Users/ez/Desktop/HelloWorld.app: signed bundle with Mach-O universal (armv6 armv7) [HelloWorld]
==========================================================================================
What puzzles me, though, is the following line in the logs:
replacing invalid existing signature
Plus the message I get while installing the App on the iPhone (using xCode organizer):
Xcode cannot find the software image to install this version
Appreciate if you could let me know if those messages indicates on any problem… [import]uid: 9536 topic_id: 3021 reply_id: 10411[/import]