We are having this issue as well... Version 5.4 installed:
1). We are running captcha scripts on other sites (on this server) without any trouble.
2). The captcha is not being cached.
3). The problem is irregular. Happens whether I'm logged in or not; regardless of ISP.
4). We modified the registration form to remove it completely (that was the only way we were able to fix the "problem", and plan to remove the captcha from the site submission form as well (although this is not the ideal solution).
Nick



