And where in the world the server seems to be located has (usually) something to do with whichever time is displayed.
that doesn't appear to be the case. there are plenty of examples of forums where the servers are located in america, yet GMT is always used. this is the only forum that i know of where GMT is not used, so where the server is located is not a factor/reason.
on this post, it says: "Today, 03:20 AM PST". it would be the right time if it weren't for the "PST" which just confuses things for people. at the moment, its 03:20 BST (british summer time. the clocks went forward an hour ago) or 2:20 GMT. they are the correct time...not 3:20 PST.
hmmm this post makes me sound like i'm a right moaning minnie