Thanks for the reply DMS, but these are running off a SAN and reviewing the performance for the LUN this db is spanned across is showing no issues.
On an additional note, I have decided to continue on to take a look at 771. Per the upgrade.pdf guide, I need to login as SA to "enable certain internal data migrations to happen." This has timed out several times, so I went back and upped the timeout in configuration centre back up to 12000. I am seeing some crazy reads on the Disk. I have upped the cpu's to 8, from 4 on the db server, it has 8GB of mem, with 6GB set for sql only.