You'll need to have a quick check of your logs for ntp issues.
The emulatator is locked on ntp sources. I've had a quick benchmark of its current time against other stratum 1 sources on the internet and it is as right as they come.
I personally don't have time issues with my tivo, the timing has always been spot on.
1 x Philips TiVo Series 1, Cachecard, 1 x 1TB SATA (with recent TradeMe sourced adaptor), Mk II Pal Tuner Mod, NZ Emulator, Previously Dual A/V Source, Now Pay Satellite
2 x TiVo HD, Freeview, HNP, 2TB (WD-AV) jmfs upgraded
1 x Thomson UK TiVo, Cachecard, 200GB, Testing Work
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