Ok, so I just did a clean install of 10.7.2 and here are the results.
Installation Process:
1) Installed Lion from USB installer with rBoot-Le
1a) Rebooted with rBoot-Le
2) Updated to 10.7.1
3) Updated to 10.7.2
4) Ran Installer and selected 10.7.2 Files, DSDT F20 for Intel HD 3000, i5/i7 option, and TRIM Enabler
5) Installed kext #4 from the test video kexts with KextHelper
6) Rebooted
7) I am booting off the boot loader for my Snow Leopard installation (everything boots fine)
Component Reports:
1) HDMI audio/video work fine
2) Full resolution out of the VGA worked after I changed the resolution of my second monitor from 75 Hz to 60 Hz and to 1080p. Didn't acknowledge a signal. Unplugged the VGA and plugged it back in. Voila! It works with 1080p. One note: I am not sure if it my tv, but it says signal not detected (even though it is displaying an image of my 1080p desktop ) and then my tv will go to sleep, but 5 seconds later it turns back on.
3) FaceTime works
4) AppStore works
5) Wifi works after I added it in Network Preference on first boot
6) Ethernet works
7) Battery shows 100% and charged
8) Geekbench 64-bit score of 65xx
9) No lines yet. I installed flash for Safari and ran a Youtube video or two.
10) Bluetooth works
Attached is my org.chameleon.boot.plist. I removed the mach_kernel and graphics enabler.