For any one else that happens to to *accidentally* do this, here's the file and node that you need to update to fix it:
C:\railo\lib\railo-server\context\railo-server.xml
Look for a node that looks like:
<application allow-url-requesttimeout="false" listener-mode="curr2root" listener-type="mixed" requesttimeout="0,0,0,0" script-protect="none"/>
and update the requesttimeout attribute. It works just like createTimeSpan does in CF code (days, hours, minutes, seconds).
Many thanks to my buddy Jim Priest for running that code snippet Igal provided and pointing me in the right direction.
Dan