Core i7 960 used to scream on photoview 2009 now wtih 2011 its slowwww

We just switched over to 2011 and I am shocked at the rendering speed that I am now getting running pv360 in 2011.  Same exact model, what used to take 1 minute in 2009 now takes almost 15 minutes!

I have 12 gigs of RAM and a Core i7 960.  What should I be looking for to determine why things have slowed down so much?

Thanks,

Nick

SolidworksPhotoview 360