>I have run more testing and I am getting rather interesting results.
>I am running my testing locally now and using the following:
>o = NEWOBJECT('classlib.classname', "networklocation\exename.EXE")
>That works as slow.....
>Next, I am doing this:
>o = NEWOBJECT('classname', "networklocation\classlib.vcx")
>Works 1000 times faster. What am I missing?

The latter will find classlib.vcx inside the current executable, where it has all the jump tables and whatnots to find it in a couple of hops. The former, however, tells it it's somewhere in the executable, which it, I guess, searches for some header string, probably quite sequentially. Which would take time.