I have had the problem for a while, exactly as many here have described: flickering, always from the top of the screen down (different amounts each time), for a split second, and only when using the low-power graphics chip. I cannot confirm about the low-light issue. When it starts happening, it can happen two or three times in a minute, though it often stops for several minutes at a time.
I only noticed it more in the last several months, not when I first got my late-2008 MBP. I hoped it was a software glitch, but Snow Leopard did not correct it. I finally took it to the Apple store in Ginza here in Tokyo; they did not seem to recognize the issue (or just didn't acknowledge it to me), and offered to replace the logic board and monitor. I got it back this afternoon--and just spotted a flicker. Only one, but it means that the underlying problem still exists. (Not that I mind having fresh equipment! ...assuming they didn't give me refurbished.)
It seems to be a general design flaw (darrylh on page 8 probably nailed it)--else I don't think so many would be experiencing the exact same thing. I hope the "control, shift and eject" keyboard action will do the trick when the problem resurfaces. I wonder if this is something that
can be addressed with a fix to the OS or the firmware.