Yes, Apache only.
I tried on 2 VPS-es, both with latest CWP. Every time, after 120 seconds the process timeouts with the same error.
I doubt that it has something to do with fcgi (since in phpinfo it says that server api is cgi/fastcgi) but afaik CWP compiles Apache with suPHP 0.7.2?
Also, i dont see fcgi in loaded modules, but it still keeps timing out after 120 seconds.
Any other ideas?