Just remembered one other thing. Normally when a program opens Zone Alarm will ask if I want to grant it access to the net. With a P2P it also asks if I want to allow it to act as a server. With Phex all I get is the request for it to be a server. Also, it shows the requesting IP as 0.0.0.0:6346. Don't know if that helps or not.

Oh yeah, I also tried using the 127 IP as the host export IP and it worked even shittier. Next I'm going to try removing the hub altogether and see what happens.