Nay, that's an issue that can crop up if the Steam server you're connecting to is too busy. Keep poking at it and it'll go through shortly, or you can set your server in the downloads options of Steam to somewhere on the opposite side of the world. It's honestly not a bad idea regardless as all of the Steam servers are good servers, and any bandwidth loss from the travel distance of your data packets will be negligible compared to not dealing with busy servers.
