I'll post my system specs first:
Intel Core 2 Duo E6400 (overclocked to 3Ghz)
Abit IP35 Motherboard
4GB DDR2 Memory (Corsair)
ATI Radeon HD2900Pro 512MB with 512bit memory interface(driver is Catalyst 8.7 beta)
WD Raptor 36GB (for windows)
WD Caviar16 320GB AAKS (this is where AO is installed)
Seagate Barracuda 7200.7 200GB
Windows Vista Home Premium 64bit
Auzentech X-Fi Prelude 7.1 Soundcard
500W PSU by beQuiet! (an expensive and very good german brand)


What I have tried so far:
reboot and restart.
different rendering devices on the AO launcher.
all kinds of compatibility modes for AO (win2k, WinXP)
turning off visual styles and Aero.
all kinds of different compatibility settings in the graphics driver.
What still needs to be done:
I need to check if the errors still occur when the PC isn't overclocked. Everything else runs rockstable, much more demanding games, but well...you never know.
Rolling back to significantly older drivers (i.e. anything beneath Catalyst 8.5) is not really an option, as I also play other games, and ATI has improved their drivers bigtime with 8.5. It could be tried just for troubleshooting tho, I suppose.
I don't know if I have overlooked anything, or if maybe this is a known issue, but I would appreciate any further input.