… damn!

For TWO days… TWO fscking days, Ive been googling for work-arounds in resolving this issue.
There were, of course, some tips from other Linux uber-users which I tried but still did not work for me.

After carefully reading some RTFMs, I deduced this procedure and my NVIDIA card works flawlessly now (next stop -> overclocking…)

usually when theres a problem it does not go directly to the GDM, and you will be redirected to the console.

1. install the right driver from the NVIDIA site
(if you havent download such, you must download the driver now or you can try lynx if you dont want to go anywhere out of the console).
2. follow the procedure through the installation.. it is prompting to do this and that – all my answers were ‘Yes’, well of course you have to read it with your damn mind.
3. reboot
4. I expect you will still be redirected to the console after reboot
5. edit /etc/rc.local as root
enter the lines below:
sleep 5
modprobe --remove nvidia
sleep 5
modprobe nvidia
sleep 5
gdm

6. reboot

Hope that Helps!
Now I am going to play Second Life… matane!

Update:

in step 5: you may not include the last line:
gdm

well, it worked for me… so long…