I doubt it has to do with overselling, as the server I'm on is usually around 1.5. A little higher now:
15:41:12 up 8 days, 5:16, 4 users, load average: 2.69, 2.74, 3.32
The highest I've seen on a random check was somewhere around 20.
Are you guys all on the same server? You might want to mention your server name in case others with the same problem search the forums for it.
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