http://forum.thinkpads.com/viewtopic.php?t=33560
The issue is the video chip ball solder connects are disconnecting from the chip or the board. It's rather common amoung the ATI video chips and even Apple's iBooks are very well documented and being replaced if they are within a certain serial number range and show the correct "symptoms".
Unfortunately there isn't much you can do other than to heat the chip and have it "sink" in. You have to reflow the solder under the chip. It's not easy to do but can be and guys with paint strip heat guns have done it with iBooks for some time. I don't suggest it until you google it and are familiar with what it's all about. Not all are successful, only the very brave.
Part of the problem you see displayed is initially due to heat, the "artifacts" are indeed heat induced and with no active cooling on the chip it overheats. In time it effects the connections under the chip and if the laptop is picked up, voila, screen freezes. The shim idea isn't new either, the iBook crowd has been using the same technic and it will work but only for so long.
I know so much about this because I posted the same issue I had with an R50=Radeon 9000.
Hot Air reflow stations on Ebay for @ $90 bucks will work but not very accurate. You need something that can gauge the heat accurately. Some guys where using pieces of solder around the chip and when they melted they held the gun for a length of time longer to let the heat penetrate the chip.
What should be honestly done is for people to complain to IBM/Lenovo to get a replacement board for this issue. That would be the ultimate aim. A new board, hopefully redesigned. I'll bet they know about it......but it's money out of their pocket to fix so don't be shocked if they resist.
If you flex your system at all it will freeze the screen. Mine would post if I pushed down above the trackpad. It would stay on for however long and then freeze again. Started with the artifacts first.