My bad, I'm acutally running timed.  Found the problem too: the master
wasn't being run as master. /etc/rc.conf had a bad entry:
timed=YES  time_falgs="-M" 
Everything's running fine now. 

The first rule of Fight Club is: You Do Not Talk About Fight Club.

// Erik Huizing   huizing@cpsc.ucalgary.ca
// www.cpsc.ucalgary.ca/~huizing

On Mon, 4 Jun 2001, Jeremy C. Reed wrote:

> On Mon, 4 Jun 2001, Erik Huizing wrote:
> 
> > I'm running ntpd on a few of my machines, and I've noticed that some of my
> > machines aren't updating their clocks. 
> 
> What do your logs say?
> 
> What happens if you do it manually with ntpdate?
> 
>    Jeremy C. Reed
>    http://www.reedmedia.net/
> 
>