Just to close the loop - see SAP note released in April 2014:
2010050 - Error: “Maximum waiting time of 7,200 seconds exceeded” when execute job which extract data from SAP system by SAP extractor
http://service.sap.com/sap/support/notes/2010050
1660374 - Fetch does not wait long enough; Timeout
Implement this note or import the relevant Support Package.
After the implementation of this note, the module waits for a maximum of two hours for the fetch. If this is not enough, you can use the program SAP_RSADMIN_MAINTAIN to set the parameter RODPS_FETCH_TIMEOUT. Specify the value in seconds.
Nicolas Hadj-Blaha 
(BOB member since 2005-03-10)