In the text animation properties dialog, did you change the Delay value?
I think your current installation DEFINITELY has some issues.
If this is for the typing text animation object then THIS is what you should be seeing:
I suggest that the first thing you try is to regenerate your Preferences folder. Search this forum for other threads about how to do that. This might be the cause of some other issues you have too.
Yeah, that is the Text Animation Properties that see most of the time.
Still I wouldn't be letting Captivate 5 off that lightly, most of the things that bug me about it seem to have been designed (by software engineers in hell).
I'll try regenerating my preference folder.