OK, mine is doing the same thing. I just posted the \"UBER LAG?\" thread. A more descriptive title might help you a bit.
Anyway, I\'ve researched this and it has nothing to do with the update. As it worked fine for me after the update all day yesterday, and now this.
I believe it\'s server side. Something was changed today and it\'s only effecting a few of us.
I\'ve tried changing just about every option in the game, and various video mode combinations, and nothing is working.
I have an AMD athlon 64 fx-53, nvidia geforce 6800 gt, and 1g ram.
I don\'t believe it has anything with system specs either, as obviously I have a pretty fast system and I have this issue as well.