Tested my new quadcore 6850 cpu at the shop on a single screen. It ran breathtakingly well. Brand new replacement nVidia 8800 GTX for the original that had developed an electrical fault with the latest drivers, just great.
Took it home, connected the system to the Matrox and the slow motion flickers like an on-off switch began.
Then I remembered way back the Vista hotfix. Scrabbled through PT Taylor's weblog to get the reference (KB933590) and installed it, and voila everything perfect.
For some reason I had thought these long term problems to be fixed in SP1 and SP2, but it is a warning. OS problems still have to be resolved through the Windows system.