Citrix Forums : Xen 5.5 Tools Upgrade Break Networking ...

1. Reinstall XenTools 5.5
2. On the Virtual Machines, Click Start, click Run, type regedit, and then click OK.
3. Locate and then click the following registry subkey:
HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\Services\Tcpip\Parameters
4. In the right pane, make sure that the DisableTaskOffload registry entry exists. If this entry does not exist, follow these steps to add the entry:
a. On the Edit menu, point to New, and then click DWORD Value.
b. Type DisableTaskOffload, and then press ENTER.
5. Click DisableTaskOffload.
6. On the Edit menu, click Modify.
7. Type 1 in the Value data box, and then press ENTER.
8. Exit Registry Editor.
9. Restart all Virtual Machines

Fix poor IO on iScsi targets.