System Information Reads Cpu Speed Incorrectly

Back on Opensuse after a year away, and I'm liking 10.3 a lot. However, after a weekend of tweaking and configuring, I noticed that System Information is reading my CPU speed incorrectly. My specs:

ASRock Socket 939 Dual VSTA mobo
AMD FX55 @ 2.6 GHz
2GB Corsair VS RAM
Nvidia 7600 GS (AGP)
400W Fortron Source PSU
80GB WD HDD
NEC CD/DVD-RW

Sysinfo is showing
Processor (CPU): AMD Athlon™ 64 FX-55 Processor
Speed: 1,200.00 MHz

Just to be sure, I clocked it up to 2.8 in the BIOS, no change. If I refresh the screen, it will occasionally show up at 2.6, but then revert to 1.2. So far all I've done is disable powersave, to no effect.

Any suggestions would be greatly appreciated.

If kpowersave is enabled and you set the cpu to performance

what happens ?
what frequ does it show, esp if you say try to rip a dvd

Since it is an AMD check the Bios and see if Cool N' Quiet is on. Usually what happens is the kernel throttles back the CPU speed to conserve on power and cool down the computer and will only kick it up to full potential when it is needed.