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Default Sluggish Performance From Excel 2007?

Is anyone else experiencing sluggish performance when performing
everyday tasks in Excel 2007. I have both Excel 2003 and 2007
installed on my machine (2 gig processor, 2 gigs or ram) and Excel
2007 moves like cold treacle compared to 2003.

Are others seeing this or is there something wrong with my setup?
 
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