As a follow up...
I employed all of the tweaks listed above and ntpd. The tweaks helped to slow the rate of variance between the machine's time and the real world, however there was still a variance before I implemented ntpd.
Once I implemented ntpd I noticed some really weird time issues. The machine would boot up fine then time would vary at seeming random speeds throughout the course of a few days.
I had to reboot the box a few times, but I think ntpd has set up it's averages and realized what is happening. The time is now synched with my NTP server.
Thanks to everyone for their advice!
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