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Just posted at Zune.net.  Full details can be found here:

http://forums.zune.net/ShowPost.aspx?PostID=408989

It’s a bug in the clock that will take 24 hours to work itself out.   I’ll be trying the solution myself (waiting 24 hours) and will report back if I have any ongoing issues.  Good luck with the solution and best wishes for a Happy New Year!

[Update]  Looks like it will happen again in four years if our 30GB Zunes lasts that long.  J