I have discovered that /etc/default/adjtimex contained a TICK value of 9750, which exactly accounts for the 2.5% loss of time exactly.

I continue to investigate how the file obtained this value -- an error in either the ntp or the adjtimex packages comes to mind -- but this bug can be closed.

I highly recommend that anyone who is investigating clock skew use the README and tools available with ntpclient, <http://doolittle.icarus.com/ntpclient/>.

--
Moshe Yudkowsky * [EMAIL PROTECTED] * www.pobox.com/~moshe
 "The sharpest knives are also the quietest."
                         -- John M. Ford, _The Final Reflection_



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