initdb hangs even though ipc-daemon is running?

Hi Guys,

I'm having trouble installing & running PostgreSQL for the first time on my
Win2K system. I'm running ipc-daemon as a service (following a reboot after
ipc-daemon --install-as-service) but initdb is still hanging at the point
shown below.

I'm guessing there may be a problem with logins/access rights here?

Administrator(at)GILBERTT ~
$ initdb -D test
The files belonging to this database system will be owned by user
"Administrator
".
This user must also own the server process.

creating directory test... ok
creating directory test/base... ok
creating directory test/global... ok
creating directory test/pg_xlog... ok
creating directory test/pg_clog... ok
creating template1 database in test/base/1...

I am logged in to a company domain VMSW1 as user GilbertT (well, I type
gilbertt when logging on to Win2K but user manager shows it as GilbertT) who
belongs to Administrators group on the local machine. I installed everything
via this login. Could this be the problem, since initdb reports that the
files will belong to Administrator and requires that the same user must own
the server process?

thanks for any help - amazing how many hours (days) this sort of thing can
eat up...!

cheers,

Tom Gilbert