Ok I was playing around a little more with the machine today. I do get an error every time I run wahcade saying
"Error: Resource not found. gstplaybasebin.c(1655): gen_source_element (): /GstPlayBin:player"
I don't know what that means. Any ideas? The roms run slow and lag with both wahcade and just running the game through mame. Everything else about the system runs great. I do not get choppy music when I play mp3s/stream. I am running a pentium 4 2.8ghz with 2 gig of rams and lag playing the Simpsons (and every other rom)
I will check over at the wahcade forums to see if anyone has gotten that error as well. Does anyone have any ideas about what could have caused this?