Hi all! Long-time player/lurker, first-time poster.
I wanted to add a 'me too,' except to note that my flickering has an additional component that doesn't seem to be present on any of the videos I've seen of this bug - the contract/engineer windows and the mod toolbar also flicker!
This is the 'normal' state, which is maddening when I am trying to build a craft to satisfy a contract: Screenshot
If I move the mouse a bit everything will come back, but seemingly only if the mouse is kept in exactly the right spot: Screenshot
I am running 1.2 with the following installed mods, all of which are fully 1.2 compatible (except possibly KER and Station Parts Expansion) and up-to-date as of three hours ago: