I've got the same issue here. "Leopard SD Backup" is my SD backup volume, and I had added it to the Privacy tab. After I restarted my iMac, I noticed the little "busy dot" in Spotlight's icon and when I clicked it, "Leopard SD Backup" was being indexed. Checked the Privacy tab and "Leopard SD Backup" wasn't in the list. I added it to the list again and indexing stopped, but of course I'd rather not do that at every boot. Any way I can help troubleshoot this?
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