After my original post we found the embarrassing solution to our problem[1] and we have since been able to get the M5329EVB to work with the Sharp LQ057Q3DC12 display (required some tweaking of parameters in the FB source). Like you, we initially had some streaking problems but that turned out to be the fact that the pixel clock was over fast for the LCD panel. Simply slowing the pixel clock (to ~6MHz) fixed that and the display now works brilliantly.
We still have some issues, one current perplexing problem (but low priority for us) is that it appears that the LTIB make always turns the Microwindows mouse config option off (i.e. we set "SERMOUSE = Y" in the config file but the mou_ser.o is not linked in.
But apart from that, things are now working brilliantly. Like you I am eagerly anticipating the next LTIB.
aLUNZ
[1] <Ahem> It turns out that we (well, OK _I_) had stuffed up the make file resulting in the wrong version (older, without the FB driver) of the kernel being copied to the target.