First, I did the reinstall, update, reboot, and it's still happening.
Second, That does seem like a similar problem, although I'm using a desktop computer, not a laptop. It is 64-bit though.
Similarly to the bug report, on the few occasions that it has worked. The first time the screensaver comes on, then the password screen. The second time, the screensaver comes on, then no password screen. Which is like in the bug report, but again I'm on a desktop, so I didn't unplug the power cable. Then from that point on it just does the fade out, then back on.