Given deu-eng-phonetics.tei, running
$ xsltproc --novalid --xinclude --stringparam dictname deu-eng --path /path/to/deu-eng/ /path/to/xsl/tei2c5.xsl build/tei/deu-eng-phonetics.tei >build/dictd/deu-eng.c5
as per the Makefiles, takes about 24 hours.
The problem is most likely not limited to tei2c5.xsl.
The deu-eng dictionary is quite large and has many siblings below the
entry level, in case that matters.
See also #31.