I am interested to know just how many others have been experiencing this bug. Following nearly every teleport, to and from anywhere inworld, the hourglass remains on next to the mouse pointer. I've bug reported this following each update since the initial release of version 1.8, but have yet to hear anything from LL, nor have I read anything about it on the forums. It's not just a matter of waiting for the hourglass to turn off, it doesn't turn off.
For those of you who have this problem and have not yet discovered how to turn off the hourglass, you do so by going into mouseview then returning to normal view. It's only a few scroll clicks using a scroll mouse, but it does get a bit tiresome having to do it all day long.