I needed a good progress indicator / counter mechanism today.
Here is what I came up with - works with CORE.
(this example just counts to 999,000 and shows every 1000)

REBOL []
count: 1
until [
  count: count + 1   
  if (count // 1000) = 0 [ prin ["^(1B)[7D" count] ] 
    ; count by 100's, 1000's or whatever you need
  count = 999000
] 

For more info on how this works - see:
   http://www.rebol.com/docs/core23/rebolcore-18.html#sect5.1.
  
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