jimco..
firstly run this..
lets see if you get red spikes.
please post back results.
http://www.thesycon.de/deu/latency_check.shtml
i suspect you will.

i frankly wouldnt use that lappie.
due to the weak celeron processor ,
and i suspect the internal drive is another issue.
sometimes you can get away with useing a low end lappie..
but most times not.
let me also say imho current lappie technology needs redesigning.
which is why ive stayed desktop myself.
for more tips , see my tips thread in the tips n triks section of the forum.
if you want to see a lappie properly designed for audio work that studios use
(but outside most peoples budgets.)
http://www.adkproaudio.com/laptop2.cfm
check out the quad core lappies. these have proper processors n drives n chipsets etc.
all the best.

retired puter engr....powertracks on amd......NICE !
"what is the black art of audio engineering ?"
my silly songs...motagator.com/bmanning
see my tips in the tips section.