For Jaunty, to disable all the suspend video quirks, download http://git.debian.org/?p=collab-main...-video;hb=HEAD and correct the typo in it, make it executable and copy it to /etc/pm-utils/sleep.d:
Remember to delete /etc/pm/sleep.d/98smart-kernel-video again when upgrading to Karmic.
sed -i 's/add_parameter/add_parameters/' 98smart-kernel-video
chmod 755 98smart-kernel-video
sudo cp 98smart-kernel-video /etc/pm/sleep.d/
Unfortunately, suspend and hibernation is still broken my Jaunty system.
EDIT: You can also find a backport for Jaunty of the Karmic pm-utils in the PPA.