It's still down loading. I was at 79% when I left for work this morning.
This is a major reason why I stopped trying to play during the beta a few months back. Every few days you had to download a new patcher and game file via torrent. I will say that it never took THIS long back then, but I hope it's because we are in Open Beta now and there are more people trying to do it.
This game takes alot of work just to play. It's almost like Dark Fall at this point, except Dark Fall was kind of exciting trying to buy it.