Because I know you guys are hanging on my every word

, here's an update.
Disk status is still at 5% complete. And the Disk 1 LED is still doing the same thing, but I occassionally see a quick "sweep" of the other disks. Disk 4 will do a really fast blink, then Disk 3 and then Disk 2. Like the Snap is accessing them really quick from bottom to top.
The server log is showing me the last output it had before I did a shutdown on 11/12. Info log t and p are still showing the same kind of output as before. I suspect that it's having a lot of trouble with Disk 1, but the log doesn't indicate any more read errors. It could be doing some kind of heavy duty disk check and reallocating sectors around a bad patch on the drive, but it's not telling me that, and it seems to be taking an awful long time to do it.
And the beat goes on.