sounds like an echo in here but I've got a similar problem.
Previously I had the white macbook. 10.5, purchased about a year ago (spring 2008). Have always used an external monitor. However, once I upgraded to the aluminum 13" macbook (about a month ago), I've been having all sorts of display problems.
If the computers are asleep, upon waking the macbook will do just fine but the external display will start flashing black and the desktop image. Also, on occasion the display will flash between black and the desktop image but ALSO have static (like tv snow) around the edges. The only way to stop this from happening is to unplug the monitor from the computer, but that ironically makes the computer freeze. So then I have to do a hard restart.
This only happens once every couple of days, but that adds up over time.
Tried 2 different monitors from 2 different manufacturers and I'm still getting the same issue.
HELP!!!