On 25 Apr 2010, at 09:09, Steven McDonald wrote:
In my case it just recalls the last entry in the clipboard, as I repeatedly press ctr+opt+cmd+V, it adds the previous entry. […]
Sounds like a key bindings / keyboard issue (that one modifier is just lost).
Are you using std. Mac hardware? QWERTY keyboard? What keymap? Any special tools installed? See e.g. http://wiki.macromates.com/Troubleshooting/KeyBindings