Apple does make it difficult for us to NOT buy a 3rd party. I would like to buy Apple monitors, but have trouble tolerating Steve Jobs' high-gloss screens. I, too, have had major problems with this adapter. After much research, I concluded that the fault lies not in the stars or in Apple, but in myself. I and most of the other people here are using the product off-spec.
Apple supports the use of this adapter only for their own 30-inch screen, which they are now phasing out. I just placed an order for a product whose manufacturer does support connecting an Apple computer to a 3rd-party screen: the Atlona DP-400. Atlona is a solid company and it does support its product in this application. Its user reviews are much better than Apple's. If you can live with resolutions lower than 2560x1440 and think that you will never upgrade your equipment to this resolution, you can save some money by getting the DP-200.
PS: I have read reports on the internet of some excellent copies being sold. One person complained about getting a fake from Amazon, which usually does a great job of policing their products. If these are good enough to fool Amazon's buyers, they are good enough to fool most of the rest of us.
PPS: I have no financial connections to Atlona.