Hi Earl
First of all the ringing on SCK is due to my measurement setup.
What did you do reduce the interbyte gap to 50ns.
From the formulas in the reference manual i would expect something like this
System clock 120 MHz - Bus Clock 60 Mhz
PCSSCK=0, CSSCk=0 --> tcsc=(1/60M)*1*2=33,3ns
PASS=0, ASC=0, tasc=(1/60M)*1*2=33,3ns
PDT=0, DT=0, tdt=(1/60M)*1*2=33,3ns
Whith continous PCS only tasc and tcsc components should be in effect, resulting in 66,7ns

However with these settings I stil get ~100ns gaps.