iMovie 3.0: Titles of Clips on Shelf Appear Pixelated

After you capture a clip, the titles of clips on the shelf appear blurry, or choppy (pixelated).
Symptom

After you capture a clip, the titles of clips on the shelf appear blurry, or choppy (pixelated). This may also occur after the screen dims.

Solution

Quit iMovie 3, then reopen the application.
Published Date: Feb 18, 2012