Export Archive - export time

It takes an awfully long time for just saving a track archive. 11 tracks total, groups/vca/fx, no audio or outputs. It took roughly 5-6 times longer than saving the project!

Is anyone else seeing this and is it normal?

Nuendo 7 takes approximately 5 times as long to export the same audio mix. I’m not an happy camper. Using the Task Manager in Win 7, I see that Nuendo 6.5 uses the multiprocessors fully, whereas Nuendo 7 uses one processor at about 50% utilization. It does not help to enable multi processing in the VST setup. The Control Room Console is disabled.