I can suggest a little piece of this. If the show is running too fast (high pitched music) it could mean the work was transferred from the camera too slow. To get a speeded up action in a movie, we slow down the movie camera.
Audacity is expecting a sample rate of 48000 (video sound rate) and the camera is sending 44100?
Is it also recording too fast?
If so, find out exactly how much too fast. Make a recording with a hand clap at the start, then another hand clap exactly 100 seconds later. Then look at the recording and see where the hand claps appear on the time line. The difference in speed may give an indication of where the problem lies.
Just a bit of an update here. I ended doing what i should have done in the first place and checked the webcam on the Windows version of Audacity.
Turns out it has the same problem, and Window’s built in sound recorder also suffers from it. So it looks like it’s a problem with the Eyetoy’s themselves. I guess the thread should be locked now, since the solution seems to be getting a new webcam.