If you have a slow machine, it could take several hours to be completed because several "heavy" components like gcc or glibc have to be recompiled in each stage. Once a stage has been successfully completed, it is placed in the "${METRO_MIRROR}/funtoo-current/x32-bit/pentium4/YYYY-MM-DD" subdirectory, where YYYY-MM-DD is today's date at the time the script was started or the date you put on the command line.