Computer is running very slow, trying to see if it's virus or hardware related?

You do not appear to be havng malware problems. Your logs are basically clean other than the Babylon and Funmoods junk that Hitman showed. And you should remove these with Hitman. You probably got these because of installing Skype and/or
uTorrentControl2 Toolbar.

Also run the below registry patch to remove some registry entries related to Babylong and Funmoods.

Copy the bold text below to notepad. Save it as fixme.reg to your desktop. Be sure the "Save as" type is set to "all files" Once you have saved it double click it and allow it to merge with the registry.

Make sure that you tell me if you receive a success message about adding the above
to the registry. If you do not get a success message, it definitely did not work.


Also double check to make sure the below folders are gone:
C:\Users\Allen\AppData\Local\Babylon
C:\Users\Allen\AppData\Roaming\Babylon


You can also uninstall the below old Sun Java version because you have the new version installed already:

Java(TM) 6 Update 31

 

You're welcome.

Not sure if this was supposed to be a question?

Did you run a new scan with Hitman to make sure all the Babylon and Funmoods junk was removed?