The voltage reported by cgminer comes from some on-die sensors, so it will always be lower than the setpoint measured by the VRM, which happens off-chip. That's normal.
Do you still have that piece of MDF right behind the boards, and is there any air flowing over the boards themselves? You can see similar things if the VRMs shut down due to high temperatures.
ahh yes, you the man!! and Gateway, I remember him telling me to put more air flow over the boards. just got ahead of my self and didn't attached the fans. Here's the difference; Pic1 Temps. (90c) with fan OFF and Pic2 temps.(75c) with fan ON and I could see the errors appear and disappear as I turn the fan off an on and as the board heated up and cooled.
Pic1 and Pic2


Pic3

More pics here:
http://imgur.com/a/SMBJP#21Cheers,
QG