I assume you downloaded the latest video drivers and installed them.
"I have two almost identical machines and both had exacty the same issues"
I've been running X4 since Beta 1 and I've been pretty happy with the stability. It really sounds like a problem with your graphics card. I haven't been keeping up with GCard models, so I dont know where yours fits in with the performance vs. price question. I have always used and recommended NVidia for their reliability.
I would have to say try a different card.
It's impossible for Mastercam to test with every hardware combination out there. Just because it's an nvidia chip set, doesn't mean it's made by a quality company. Any company can take a good chip set and do crap with it.
I'm running a GeForce 9800GT made by Marvel (Who the #e!! is Marvel. I dont know). But Id rather have a low cost card that works, than a bleeding edge card that works sometimes.
Start with the new drivers.
Keep us informed with your progress.
Mike Mattera
Tips For Manufacturing Training CD's, DVD's for Mastercam, SolidWorks, Inventor, G-Code Training & More
http://www.tipsforcadcam.com