We study a continuum model for phase-separation in binary polymer blends ba
sed on the Cahn-Hilliard equation with the Flory-Huggins-De Gennes free-ene
rgy functional and a concentration-dependent mobility. The model is solved
analytically, by means of the self-consistent large-n limit approach, and n
umerically for values of the parameters corresponding to the weak and stron
g segregation limits, for both critical and off-critical blends. For deep q
uenches me identify a complex structure of intermediate regimes and crossov
ers and the existence of a time domain characterized by the pinning of the
phase-ordering process. The duration of this stop is analytically computed
and diverges differently when the chains length is increased or the tempera
ture is lowered. This result allows the interpretation of recent experiment
s which show pinning in off-critical polymeric mixtures suggesting that the
continuum model contains sufficient physical ingredients to explain the ex
perimental evidence.