The man page for xset doesn't specify the units for rate or delay for: xset r rate <delay> <rate>
I just did a "man xset" and the units are very clearly there. Of course, I've got XFree86-4.0.2 installed from rawhide, so it is entirely possible that the manpage has been updated since the version you're using. I'd normally say "upgrade to rawhide", but upgrading just to get a new manual for something you probably know already is likely not too feasible. ;o) How about this: Upgrade to Rawhide as it is supremely eye popping, and mind blowing! Hmm.. sounds too much like a Creative Labs magazine ad... ;o)