Obviously this problem persists for lots of people. Here's my story:
- About a year after purchase, the TB display would not wake from sleep. The genius at the San Francisco Apple Store first tested my MBP for a couple of days then tested the TB display. Conclusion: there was a "motherboard" issue in the TB display so that was replaced under AppleCare.
- The TB display worked well for several more years, but during the past several months, it began to black out suddenly. It would come back on with a restart of the MBP, but then I found that unplugging the TB cable caused the TB display to come back up.
- After several more weeks of periodic unplugging/replugging, the TB display began to flicker periodically before it would shut down. The TB cable routine stopped working reliably, but unplugging/replugging the TB display's power cable brought the display back up.
- Eventually the frequency of the black-outs made the display unusable. I found this thread and purchased a separate TB cable that connects to the back of the TB display. This seemed to work for a week or so, but then the flickering and blackouts returned.
- I have also tried the "prevent monitor sleep" setting, but this does not prevent the TB display from blacking out. At this point, the TB display is unusable.
From this I conclude that none of the nostrums suggested by people so far actually fixes this problem. Relieved people who think they've dodged the bullet will presumably find that the problem comes back to haunt them soon. There is something fundamentally wrong with this monitor's hardware, firmware, or software. It's just a matter of time until this gets us all, which is a real shame, since the display was gorgeous while it lasted.