That certainly looks like it's jumpered for 5.0x multiplier (BF0 to 1-2, BF1 and 2 to 2-3) and 100MHz FSB (FS0-2 on 1-2, FS3 on 2-3). You're also running the latest BIOS, so it's not a lack of K6-2 support on that side...
So, one of three options:
- BIOS isn't measuring correctly.
- BF1 is somehow shorting 1-2 instead of 2-3, leading to 5.5x multiplier.
- FS0, 1 and 3 are all doing opposite of how they are jumpered, leading to 110MHz FSB.
I'd suggest changing multiplier, then FSB and looking at what happens:
- change multiplier from 5.0x to 4.5x (move BF0 from 1-2 to 2-3) and see what BIOS says. If it still says 550MHz, it's not certain yet. If you get 400MHz, BF1 is somehow stuck on 1-2. If you get 495Mhz, you're somehow on 110MHz FSB or BIOS has a consistent measuring issue.
- with multiplier still on 4.5x, change FSB from 100MHz to 95MHz (move FS0 from 1-2 to 2-3) and see what BIOS says. If it *still* says 550MHz, BIOS is just messing around. If you get 380MHz, that's confirmed measurement is correct and BF1 is stuck on 1-2. If you get 427.5MHz, BIOS is measuring incorrrectly, but at least doing so consistently, and if you still get 495MHz, FSB is stuck on 110MHz somehow.