All playback is distorted, even the protools demos

[ecaranci]

Have M-Audio Fast TrackII just got it.
Installed everything including Essentials.
I can hook up my guitar to it and play through the fast track and listen with headphones with direct monitor on the fast track. Sounds crystal clear live.
Just for fun I want to listen to some of the essentials demos that came with the software and they all sound distorted. I'm thinking maybe my headphones but nope...my guitar sound fine throught it. Just the demos are all distorted.
I then try to hear what they sound like in windows media player so I dump them to an mp3, a wma file etc...from essentials and they still sound distorted.

Im a total newbie so I don't know how to make a recording of my guitar yet on essentials so I don't know if my recordings will sound distorted when played back as well but surely the demos shouldn't be this way?

System Details
OS: windows xp professional sp3
2 gig ram
Amd athlon 64x2 Dual Core Processor 6000+
m-audio Fast Track II
M-Powered Pro-Tools Essentials Windows v8.03
fast track driver version: 6 0 2 5 10 0 5133