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mjan There is an "expert create fonts" menu in WEFT that will let you create an EOT without having to go through the wizard.
Note however that you need to fully understand the concept of the "bind roots" and such before using it. I recommend using the new version of WEFT.
Also, the progress indicator will only advance once a complete page has been processed. If you only have one page, then it will go from 0 to 100 in one step.
I'd be glad to look into this problem if you could provide some additional information, such as the url to the page. Post it here or send it to simonda@microsoft.com and mjan@borware.se
An interim solution may be for you to process a local copy of the page on your own machine, and then publish it to your server. Just remember to add the url to your web server by clicking on the "mirror sites" button on the "create web fonts" page of the wizard.
Here is some information regarding why WEFT analyzes pages and why it needs to know where the pages are located:
The fonts you are using is owned by various font vendors. In the license agreement for some of these font products, you have been given the right to use the fonts in *your* documents. As such, you may not make copies (in any format) and re-distribute them freely (that is called stealing ;-).
This is why WEFT "binds" the font to those web pages that *you* have created. The font objects (the eot files) are thus branded with the url of the pages that is supposed to use the font. Also, this prevents people from simply copying the files and using them on other servers.
When WEFT analyzes a page, it determines exactly what characters are used for each font on a pages. This makes for small font files, as un-used characters are not included in the created font objects (eot files).