Yeah, i've tried Off, 1, 2, 3, 4, and 5. Rebooted with each setting, no help. Still flickers bad.
Now, I have done a little further testing and this is what I found:
I have an autoxec script that automatically starts a playlist of music at boot up for background music. If I have this script running, it ALWAYS flickers. If I remove this autoexec, it never flickers. The skin works fine. Keep in mind that I have the same autoexec file running with all the other skins and they all work flawlessly. It's only this skin that flickers.
Another thing I noticed is that if I immediately hit the D-pad to the right a couple of times as SOON as it boots up, I can make the blades change BEFORE the autoexec music starts and the skin works. Again, I have to change blades real fast for it not to flicker. Once it flickers, I can't see or do anything at that point.