All I did was shutdown and then hold Command-R and hit the power button. This will put you into the utility partition. One of the options is to install/reinstall Lion. You will need to be connected to the internet for this. It took me about an hour total (30mbit internet).
Understand also that this solution is overkill, but the price you pay with OSX. In Windows or Linux you could probably downgrade your drivers and not touch the rest of the OS. Apple doesn't really give you the ability to 'go back' with something this specific. Also understand that this is postponing the inevitable. Eventually you will need to update for something (10.7.2, 10.7.3, etc). That will have new drivers - guaranteed. The real issue is still to get Apple to recognize this and fix it.
DISCLAIMER: THIS IS GOING TO REINSTALL YOUR OS. Personally I had no issues. Please understand that if you do this - YOUR ARE TAKING THE RISK ON YOURSELF. If you have anything on your machine that is important to you - I would back it up. Again, consider this your fine-print warning.