I'm not sure what you mean. But I can tell you a few things: 
  • When specifying just /jcr:system/jcr:versionStorage and a patterns like (.*) it takes about 6-10 secs to complete.
  • When specifying a narrower path (like /jcr:system/jcr:versionStorage/c0/4e) it finishes in 2-3 secs.

In any case it finishes and creates a mostly empty package. Is this useful?