This is because CreateProcess in Windows is slow. It's the reason that run make on Cygwin on Windows for not-that-large Makefiles is really, really slow. The same Makefile on UNIX and Windows differ in startup time by a wide margin. It's really painful to type "make ..." and sit there for 30 seconds on a fast machine.
svnadmin dump d:\repo > repo.dump
The output from svnadmin has a lot of lines. Due to the fact that PS is written on top of the CLR, it reads each line into an immutable string before writing it to a file. So for every line it has to create a new System.String object and as another poster said GC it later. Also as lines are not predictable length it has to buffer them resulting in more overhead.Effectively where *NIX shells use a fixed size buffer for pipe operations and operate on streams, PS has to convert it to lines first before writing it out.
That doesn't work when you have approximately 25 bytes per line and a 12Gb file which is where the issue is.
Don't get me wrong, I actually like their approach in developing an OO-shell - but if it hurts performance that much someone has taken that paradigm too far. It's the typical case of someone with a hammer (OO programmer) trying to approach everything like it were nails.
Have you tried to change the way the dump is done?
I assume it's related to PS converting every line into a system.string.
have you tried :
Start-Process '{PATHTOSUBVERSION}\svnadmin' -argumentlist "dump {PATH_TO_REPOSITORY}" -RedirectStandardOutput c:\temp\repodump.dmp -Wait
more examples here : http://www.youtube.com/watch?v=9sn2L0E5jT8
Unfortunately its very verbose for a simple case which works fine in cmd so I'm not sure that it warrants using that tool
The only thing that I find sucks is that the pipeline is slow as snails. For example, an svnadmin dump piped to a file which takes 8 mins in cmd.exe takes 14 hours in powershell...
Apart from that it's bearable!