Our Marketing just received 5 i7 17 inch MBPs along with 5 Diamond BVU195s and every single one is having the same kind of issues as the original poster.
The only difference is upon boot, we're seeing alternating dark and light blue bars. We can see the mouse cursor "above" the bars but nothing else.
We boot into safe mode, uninstall the displaylink driver and everything is good.
So, chalk a +5 to this!
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