I'm not sure what it is doing but both of these in my Passage Guide seem to take a very long time after Logos 4 Mac is opened. ie, I don't see anything downloading or indexing and the rest of the sections seem to stop after a couple of minutes or so, but I timed the "My Content" and it ran for 15 minutes doing something.
I have 4GB RAM on my MacBook Pro and it is a 2.4GB Intel Core 2 Duo.
I have other things open...but these last two areas seems to be doing something that isn't so obvious. Is this a known issue of some sort?