the update from my end is that installing the latest version of mavericks has solved all the of the issues. it's been about a week and i've havent had any display anomolies i experienced before updating
what i did ...
installed mavericks and updated every possible application - premiere, lightroom, photoshop, CUDA drivers / engine, bridge, all browsers and any other random applications that offered an update.
i deleted all old versions of creative cloud applications, cleared all browser caches and took a good look through libraries to clean out anything i was sure i could delete with bricking in my system.
final thoughts ...
i should have never given any weight to reviews in the app store. a) there's only 16000+ which is a miniscule % of users and only 3000 or so of those are negative ... a good number of compaints were simply that it took too long to download and install. my adivce .. if you're holding off like i was ... dont, instal today. in addition to solving my problem i actually like the os and it has restored a bit of faith in apple.
i suspect the reason this thread hasnt come up with a definitive solution is that lots of issues can manifest as pixel / display problems ... sw incompatability, any number of HW failures (cards, logic boards) dirt, overheating. so ... it's likley that the 50 or so particpaints on this thread actually have 10 different problems.
and finally, this isn't actually a pervasive problem for apple and 2011 iMacs - they sold about 17,000,000 in 2011 - about 1/2 of those in q3 & 4 ... this thread has only been viewed 10,000 times ... let's say that's 2500 unique viewers ... assume only 1 in 10 people experiencing this problem are motivated enough to research the issue and find this thread .... that's 25,000 users of out 17 million, even if it's 250,000 user that's still only 1.4% - not nearly a large enough problem consumer electronics company to get crazy over.
thanks for all the help with this ... hope you find a solution for your whatever's ailing your machine ... it does suck!