I've not used dd all that much, but so far it's not failed me yet. Right now, I've had a dd going for over 12 hours - I'm writing an image back to the disk it came from - and I'm getting a little worried, as I was able to dd from the disk to the image in about 7 hours.

I'm running OSX 10.6.6 on a MacBook with a Core 2 Duo at 2.1ghz/core with 4gb RAM. I'm reading from a .dmg on a 7200rpm hard drive (the boot drive), and I'm writing to a 7200rpm drive connected over a SATA-to-USB connector. I left the blocksize at default, and the image is about 160gb.