I don't understand. Even though 2+ Million was seized by the Feds, they should've made enough by now to recover the losses. Why is USD Withdrawals still lagging?

After reading page 9 I think I recognize this business model.  Madoff anyone?

I was able to pay a 5% hair cut and then wait for 3 weeks to get my money out of MtGox.

Don't know about you guys, but I'm voting with my feet, and staying away for the time being.

Are there information about larger amount being processed faster? the withdrawal process is so opaque with MtGox, and there seem to be tons of horror stories in these forums. Until that clears up, I for one really don't feel comfortable doing business with them again. However I'd love to reconsider if funds can start to flow freely into and out of MtGox again.

Just FYI, the amount I withdrew is about 40k USD, don't know if it is considered large or small, or somewhere in-between.

No need to create an altnick, its in the limbus. Congrats

3 weeks later, they rejected my paperwork AGAIN, with zero explanation, suggesting that I submit (among other things) my tax return information (which is what I already submitted).

What a bunch of fucking clowns. 

They did this to me as well. My account was just verified today and I deposited BTC in there on August. I'm looking for a buyer before I move my money but I will post here if it all goes well. Don't submit to many forms or you'll have to send a notarized letter to Japan, they made me do that but I managed to get my account verified by talking to the AML team via Email.

In terms of a smooth money withdrawal experience, Bitstamp was the best I came across. Took 1 day and was painless.

I'm actually fully verified on Gox, there was a period where they were doing verifications at high speed and little fuss (a pdf cell phone bill was all it took for me) but it doesn't matter, last time I tried to withdraw money I ended up cancelling after a month and taking a loss rebuying and checking out elsewhere. Nobody in that place can (or is allowed to) tell you when a withdrawal would go through. After several weeks they will still say they don't know where you are in the queue, except that it's quite long because of a limited amount they can push through their bank yada yada yada. It's all BS. They've been playing that song since summer, and the only reasonable explanation is that they simply do not have the funds to cover all the withdrawals. A few will trickle through just to keep up appearances but the vast majority is backlogged for many weeks at best. Gox just isn't a very attractive place to send money to right now. You can send it to other exchanges, most of them have considerably lower BTC prices than Gox and very low deposit fees. It's a vicious circle, Gox BTC rates are high because you can only really get BTC out of the place reliably, and this makes it more interesting to deposit elsewhere and transfer BTC into Gox if you wish to trade there compounding the lack of fiat coming in. Either way Gox has a liquidity issue, I have a feeling if we saw the actual numbers we'd shit bricks.

(Gotta learn about paragraphs my friend)

Posting Nazi aside, this is exactly my experience with Gox. There was a good period for getting money in/out of Gox, but ever since HSA seized their Dwolla monies (and other issues) I've literally been unable to withdraw $USD from Gox since May 2013. I've tried multiple times, and each one ends up "pending" after MONTHS of service tickets, I'm told by GOX support to cancel the transaction. To me that's very clear.

I just gave up, bought BTC, and pulled out it at a loss. 

Avoid GOX like the plague if you need USD in/out.