It crashed when it switched from the 330m to the Intel GPU and complete frooze my computer. I got the 2010 15" MBP so it's well within the recommend specs.
I guess I won't be using iCloud for the iPhone 4S. Lion 10.7.2 is still beta.
It's not really a "Lion" issue, but more of an Nvidia one. If you notice Apple does not use Nvidia cards on any of their new Macs. Nvidia is the most laggiest company in regards to Apple's drivers. Apple has had problems with them for years. I had that same MBP as you did with the 330m card. When using that card your MBP will crash eventually to a black screen. Nvidia seems to be refusing to offer drivers for Lion for people with the 330m cards. If you use GFXcardStatus and keep it manually switched to the Intel HD graphics it will never crash to a black screen.
I know that's not the workaround you want but at this point you're screwed if you have a MBP with the 330m card if you want to run Lion. It's Nvidia's fault. That's why I sold my 15" MBP and I will never buy another Mac with an Nvidia card in the future. I have always had great luck with the ATI cards in all my Macs.
Lion runs beautifully on my i7 iMac with the ATI card. Never crashes, never freezes, very stable, fast and very efficient.