initdb on Alpha dies with spinlock errors

Carl Perry (caperry(at)spooz(dot)com) reports a bug with a severity of 1
The lower the number the more severe it is.

Short Description
initdb on Alpha dies with spinlock errors

Long Description
Compiled PostgreSQL 7.0.2 on my 21164 Alpha running SuSE 6.4 AXP. Compiled fine, but when trying to run initdb I recieve the following output:
This database system will be initialized with username "postgres".
This user will own all the data files and must also own the server process.

Creating database system directory /home/postgres/data
Creating database system directory /home/postgres/data/base
Creating database XLOG directory /home/postgres/data/pg_xlog
Creating template database in /home/postgres/data/base/template1
[ED: 30 second pause here]
FATAL: s_lock(202f29b0) at spin.c:116, stuck spinlock. Aborting.

FATAL: s_lock(202f29b0) at spin.c:116, stuck spinlock. Aborting.

initdb failed.
Removing /home/postgres/data.
Removing temp file /tmp/initdb.13925.

Compiled using egcs-1.1.2, rest is SuSE 6.4 stock. Running on 2.4.0-test11-ac4. Any ideas?

Sample Code

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