Last version or XCode (3.2.1) is running very slow on OS X 10.6.
What kinds of tweaks can you do to your Mac in order to speedup Xcode build process. >
Disabling code sense indexing can free considerable amounts of memory and CPU in large/complex projects, while speeding up the IDE itself.
Xcode 3
Use Preferences from the app.
Xcode 4
defaults write com.apple.dt.XCode IDEIndexDisable 1