Install Stuck at Step 4 - 75%.....Initializing Privacy Settings

Good afternoon.....first off, I have been trying out the beta version and love it. I was just installing RC1 on a beta site......however, I cannot get past Step 4 / 75% "Initializing Privacy settings". I updated my error reporting and turned it off. I have also increased the max_post / max_xyz sizes. Interestingly, I have another test site on the same dedicated server......however, it did install on that system. Please let me know if you know of any known conflicts which could create the problem I am seeing. Many thanks as always......Rounds