Very odd framerate issue

[nintendo_nerd]

I'm new to the forums, but not new to dolphin and frankly, I've never seen this particular issue happen in all the time I've been using this. So, this didn't even start happening until yesterday afternoon. As a side note, I've reset all settings back to their defaults twice, thinking something got screwed up in the settings, but that didn't help. But the issue is this, the FPS counter is almost always locked at 0.3 (not 3.0) FPS, and it just hangs there (the games don't show up at all). I don't expect an emulator as complex as Dolphin to be perfect, heck, no emulator is perfect and probably never will be, but that's neither here nor there. I expect the games to be playable at acceptable speeds (between 25 to 60 FPS) most of the time, but why this is happening is beyond me. Just to verify, I'm not a noob either, as I've been familiar with emulators in general since 1998 (SNES97/Nesticle). I also know my computer is more than powerful enough to run said emulator at acceptable speeds.

GPU - eVGA GeForce GTS 250 1024MB GDDR3
GPU Core Temp - 39 degrees Celsius
Driver Version - 190.38
RAM - 2048MB DDR2 SDRAM
CPU - Intel Core 2 Duo E8400 (3.00GHz)
OS - Windows 7 RC7100 Ultimate (32-bit)
Direct X - 10.0/11.0

Dolphin revisions tested - Rev 3972 (JITTL) and 4017
Build Types - All 32-bit builds
Settings - All default

Again, this shouldn't be happening, but someone told me it may have to do with my Windows 7 not being the final build (which I have no access to)