I seem to have varying degrees of success duplicating the bug. However, one thing that works one minute won't work the second time around. Yesterday I could get it to hang if I clicked on a menu in Safari and used the keyboard to select a menu-item. It locked up every time, for about a minute, then it acted normal. Then I tried it again later and it hung, then I couldn't get it to hang. I've zapped the PRAM now, I'll be doing an archive and install later tonight if it hangs again. If it still hangs, full erase and restore tomorrow, and after that I'm calling apple.
Oh, and Stefan, was that a C2D MBP? If so I'm going to tell Apple that and request a new machine instead of a replaced trackpad.
To me it seems like it's either software, or something weird with the logic board/input controller, like it gets confused when receiving input from both at the same time, and if so, switching the pad obviously isn't going to help.