initdb doesn't work with cygwin 1.3.1?

Hi there,

PostgreSQL 7.1 now is part of the Cygwin "Unix on Win32" Toolkit. A terrific
development, because it takes away lots of fuss trying to get Postgres to
work on Win2000.

However, when running "initdb" the script hangs, without any indication of
an error. Therefore I don't have a data-dir to run postmaster with.
Did anyone encounter this problem? And if so, what is the solution.

Regards,

Iwan