Yes, you don't get anything in your balance until a block in which you have contributed shares gets found.
The current round started 2011-05-30 14:20:23.526037-07 and no block has been found yet. It's a long round. But also it is a small pool, so your 200ish MH/s will earn you in the neighborhood of 1.6 BTC for each block that is found (as long as the pool's total hash rate stays at about 7.6GH/s). So, you get paid less often, but you get paid in larger chunks. On a larger pool, you'd get paid more often, but in much smaller chunks.
Thanks, ewal. That 200ish number is because I've been running two Phoenix processes, one pointed at Eligius, and one pointed at Continuum, because both have been going down a lot in the last week or so (that way so that the one that's up can take up the slack as the other goes down). I've noticed that if I run a third concurrent Phoenix process pointed at yet another pool, though, that one of the other two will crap out (usually the Continuum one). Do you guys have any idea why that might be?
I hope there won't be a major downtime like last time though.
