Grub2 - GRUB_TIMEOUT

[freke]

I've just migrated to Grub2 and it's booting fine - I have a little problem with the GRUB_TIMEOUT=x in /etc/default/grub, though.

ie. setting it to 5 should cause Grub2 to select the GRUB_DEFAULT entry after x seconds (I assume, as the Grub2-screen says booting after x seconds) - it seems the timing is way off though....
Each 'second' counted down on the Grub2-screen takes about 5 seconds....

Is there any Grub2-option I need to set - or any USE-flags I might need to make it work correctly?