For a very long time, I'm experiencing this bug in Compiz. It makes my windows flash, when rotating the desktop cube. None of the animations work properly execpt the Wobbly windows. However the temporary fix I found on the bug page helped me to reduce the effects, but it's not 100% perfect.
Now they have totally fixed the bug in Compiz 0.9.8 for Quantal. I really need to get the official fix on my Ubuntu 12.04. Don't the LTS versions get bug fixes?
Sometimes my desktop cube/cylinder appears like this :
None of this happened in Lucid Lynx :(
Unless your Compiz package is really buggy and you are desperate to upgrade it, I would suggest you hold your horses and wait until the fixes made in Compiz during Quantal development is backported to Precise. As you probably might have noted, the fix for your bug has been milestoned to Compiz Core 0.9.7.10 "SRU-1" and would probably land before Precise 12.04.2 point release.
But if you really have to upgrade, I wouldn't stop you.. Read on.
There was a half-baked Compiz package that reportedly included most of the SRU fixes that were meant to land in 12.04.
January has nicely laid down the necessary instructions to install the PPA in this question:
I'll quickly go through the basic instructions for reference:
Install the PPA and the Compiz package:
Log out and back in. If that fixes your problems, you can lock Compiz to this particular version. General instructions on how to lock a package here:
If it is buggy, you can just update your system and you will be reverted back to the current Compiz package in the repo.