I am still experiencing this bug in quantal with those package versions:
ii lightdm 1.3.3-0ubuntu5
i386 Display Manager
ii lightdm-gtk-greeter 1.3.1-0ubuntu1
i386 LightDM GTK+ Greeter
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https://bugs.launchpad.net/bugs/945450
Title:
Responsiveness: LightDM in ubuntu 12.04 very slow
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