I had the exact same symptoms. I unplugged everything from the USB ports and it got better. When I plugged stuff back in the problem returned. In my case the culprit seemed to be USB CF card readers. If you have no USB devices, try deleting your Bluetooth devices (other than mouse and keyboard). It may be that the Bluetooth tranceiver is actually a front end to an internal USB channel (this makes a bit of sense if you think about it). So, try deleting your bluetooth devices, then reboot and see what happens.
In my case it looked like the problem was caused by external devices locking up the I/O associated with the USB. In reponse the CPU seemed to time slice the channel across the connected devices. This works fine for things like memory cards, but for a mouse that needs to repond in real time, it looks like the movements queued up and then came through all at once, hence the jerkiness of the mouse and "burst mode" keyboard response.