ntp messed up; where I start?

[sean]

ntp-4.2.2p4-2.fc7.x86_64

I set time and date this morning. Now at 16;45 local time, I 
show 23:09 on the computer. I've been seeing these huge fast 
times for about a week.

I've erased ntp  ( including all the /etc/ntp and 
/var/lib/ntp files ) and reinstalled.

syslog shows that a restart makes it work ( notice the time 
jump ):

Jan  8 23:14:41 localhost ntpd[2913]: ntpd exiting on signal 15
Jan  8 16:49:25 localhost ntpdate[10916]: step time server 
62.206.253.10 offset -23128.011850 sec
Jan  8 16:49:25 localhost ntpd[10918]: ntpd 4.2.2p4 at 1.1585 
Wed Nov 22 14:49:33 UTC 2006 (1)
Jan  8 16:49:25 localhost ntpd[10919]: precision = 2.000 usec
Jan  8 16:49:25 localhost ntpd[10919]: Listening on 
interface wildcard, 0.0.0.0#123 Disabled
Jan  8 16:49:25 localhost ntpd[10919]: Listening on 
interface wildcard, ::#123 Disabled
Jan  8 16:49:25 localhost ntpd[10919]: Listening on 
interface lo, ::1#123 Enabled
Jan  8 16:49:25 localhost ntpd[10919]: Listening on 
interface eth0, fe80::215:f2ff:fe77:8613#123 Enabled
Jan  8 16:49:25 localhost ntpd[10919]: Listening on 
interface lo, 127.0.0.1#123 Enabled
Jan  8 16:49:25 localhost ntpd[10919]: Listening on 
interface eth0, 10.10.8.1#123 Enabled
Jan  8 16:49:25 localhost ntpd[10919]: kernel time sync 
status 0040
Jan  8 16:49:25 localhost ntpd[10919]: frequency initialized 
0.000 PPM from /var/lib/ntp/drift

ntpstat always shows:

ntpstat
unsynchronised
   time server re-starting
    polling server every 64 s

ntpq shows me reaching the time servers ( notice how much 
offset already):

ntpq> pe
      remote           refid      st t when poll reach 
delay   offset  jitter
==============================================================================
  58.73.137.250   .GPS.            1 u   55   64  177 
439.874  -102854 69862.7
  trogdor.ruka.or 64.142.103.194   2 u   61   64  177 
192.566  -5814.1 124198.
  dnsserver.org   76.169.239.34    2 u   61   64  177 
208.446  -6295.5 124753.


It's a three-month old mobo. It's dual boot, no problem in 
windows.

I don't know a lot about ntp, not enough to file a cogent 
bug report.

What should I be looking for?

sean