TrashMan, as per your problem. Is this a recent development, or have you always had these performance drops?
If it is recent, there is a slim chance that you might be experiencing a problem I had some time ago. Early this year, I had my main WinME OS fail on me. My girlfriend's brother repaired it for me and replaced my os with Win98SE. After that, FSO performance seemed half of what it had been. For months I played this cripled FSO until I discovered by accident that he never installed my VIA AGP drivers. My GF2MX 32MB AGP card had been behaving like a PCI card all those months. I installed the AGP drivers (but had to drop back from 4X to 1X to avoid some crashing and texture problems) and FSO hummed like a finely tuned engine... though I was running without shinemaps to save performance. Now I run with an R9600XT and a beefed up system core, so I'm laughing... most of the time.
Later!