Hi, just wanted to share a solution to a problem I was having.
I have been running LaunchBar for a long time. After I upgraded from OsX Lion to Mountain Lion recently, LaunchBar kept indexing and seemed to be stuck at something like "reading application list". Tried all sorts of things like uninstalling/reinstalling and disabling "Use Spotlight Index" in the LauchBar Application index rule to no avail.
SOLUTION: Found out that my Bootcamp partition wasn't excluded from OsX Spotlight indexing (as it was before the update). I excluded it and almost instantly LaunchBar finished indexing... such relief![:D]( "Very Happy")
It seems then that LaunchBar was never the problem, but that it was Spotlight that kept running some process preventing LaunchBar from doing it's thing. I will add though, that Spotlight did not indicate that it was indexing - shame on you, Spotlight ![:evil:]( "Evil or Very Mad")
If someone rund into this issue, I Hope this helps them out!
I have been running LaunchBar for a long time. After I upgraded from OsX Lion to Mountain Lion recently, LaunchBar kept indexing and seemed to be stuck at something like "reading application list". Tried all sorts of things like uninstalling/reinstalling and disabling "Use Spotlight Index" in the LauchBar Application index rule to no avail.
SOLUTION: Found out that my Bootcamp partition wasn't excluded from OsX Spotlight indexing (as it was before the update). I excluded it and almost instantly LaunchBar finished indexing... such relief
It seems then that LaunchBar was never the problem, but that it was Spotlight that kept running some process preventing LaunchBar from doing it's thing. I will add though, that Spotlight did not indicate that it was indexing - shame on you, Spotlight 
If someone rund into this issue, I Hope this helps them out!