I just came across this thread today when browsing through the "normal" Round Corner thread.
I had posted about the sluggish behavior on my first iMac 2.4 GHz Core2Duo several months ago and then needed to divert my attention to other things.
The problem was not related to opening it but to using it. Selecting edges, changing fillet dimensions and number of segments took several seconds for the tool to react to.
Now with my newer 27" i7 quad core at 2.93GHz things are a bit quicker and I can use the tool, but performance is still sluggish and not even remotely comparable to the WinXP installation that I have running on VMware Fusion on this same machine.
I followed the instructions and a trace file is attached. I hope it provides you with useful information. Anyway, great plugin and very useful (in Windows