No it does not. Solidcoin is designed to raise the difficuly slow (+ max 10% [Diff*1,1]) and lower it fast (- 75% [Diff/4]). The main design purpose in the beginning of SC was to make it "miner friendly". Or in other words: to get coins faster.
So if hash rate increases the difficulty will adapt slowly. And if hash rate decreases the difficulty will adapt faster.
And that is what happens now, difficulty started at very low (1). But the calculation power from start on was that high that with a difficulty of 1 the blocks are not generated evey 3 minutes but way faster. But instead of jumping to the correct difficulty (lets asume 2.500 [just an excample value]) it increases 10% step wise. So it will take a very long time till it reaches it's appropriate difficulty. And till then those people with high computing power / many CPUs will be able to get a lot of bitcoins in a short amount of time.

There is no hacking or anything like that, it is just the design of starting at difficulty 1 with a max increase of 10% each 240 Blocks (correct me if it was another number), coliding with a starting hash rate that is equivalent to a MUCH higher difficulty.