You receive a "Creating the partitioned snapshot" message when you create a pull subscription that is configured to receive the precomputed partition of a merge publication in SQL Server 2005
The following pages were recently modified.
Source: Knowledge Base
Product: Microsoft SQL Server 2005 Enterprise Edition & SQL Server 2005 Standard Edition
Notification Contents: New
You receive a "Creating the partitioned snapshot" message when you create a pull subscription that is configured to receive the precomputed partition of a merge publication in SQL Server 2005
http://support.microsoft.com/kb/953201/en-US