I'm seeing the same thing as Guru Evi, my Snow Leopard system hangs after awhile (1-2 hours) and it seems to do it when it needs to check the user info (user id, group, etc). It's not necessarily a complete system hang/freeze since the terminals that I have opened remain working, but any new terminal that gets opened freezes immediately and won't give me a prompt. Another thing is that the system won't allow me to ssh to any other machine from one of my still working terminals once it gets into that state.
The system was using kerberos for authentication and LDAP for user info (username, uid, gid, home dir, etc.). I removed the kerberos authentication thinking that may be the culprit, but still no luck. The problem still occurs even when logging in using a local system user or root. When the freeze happens there doesn't seem to be anything in the logs that pop out as the possible problem (I see exactly the same thing Guru Evi described, including the failed Kerberos script). Guru Evi are you using any remote service like LDAP for user info or is everything local to your systems?
Anybody have any possible suggestions? Hopefully somebody may have a fix or Apple comes up with something.