Status of rsync on win32

[Misha Bergal]

Hi,

For the past day I've been trying to set up file synchronization between two
Windows 2000 servers 
using rsync 2.6.6 (distributed in cwRsync package - http://www.itefix.no).
Unfortunately I've encountered 
a major showstopper - rsync on the server machine makes System process to
consume about 90% of CPU time. In 
addition (or as a result), rsync performance is significantly worse that I
would expect. 

Is it a known problem? Is anybody else having it too? What steps do I need
to take to resolve it?

Thanks in advance. 

--
Misha Bergal
MetaCommunications Engineering