This guide is the current fix for people that have issues with sound delays while running the Windows 7 operating system.
  1. Open the Ventrilo program.
  2. Click the "Setup" button
    Ventrilo Setup Button

  3. Check the "Use Direct Sound" for the "Output Device"
    Ventrilo use direct sound voice

  4. Click the "Binds" tab at the top of the window. Next check the "Use Direct Sound" for the "Output Device"
    Ventrilo use direct sound binds

  5. Click the "Speech" tab at the top of the window. Next check the "Use Direct Sound" for the "Output Device"
    Ventrilo use direct sound speech