No, round 2 was the 9600M GT (for example in my Mid-2009 17" MBP). This is round 3.
More info regarding the 9600M GT disaster:
http://www.theinquirer.net/inquirer...s-apple-macbook-pros-nvidia-bad-bump-material
I'm confused. Other than that really old article I've not heard of the 9600m being bad, like the 8600m was. I searched google and found people whose cards overheated (in various laptops, not just apple) but they cooled them off and they worked just fine. The 8600m problem was a catastrophic, permanent failure of the card.
My 3 1/2 year old MBP with the 9600m has never given me issues. Never overheated. I've played all kinds of games on it for long periods of time.
What problems are you having?