Thanks! I had missed that thread somehow. I have been able to repro the glitch in Aquakeytest before - it definitely appears as if I let go of LSHIFT, even though it's still held down.
Besides the PS2 anomaly, I also don't think I'm ever hitting more than one key in the arrow cluster when it happens, either. I'm generally just hitting the up or down arrow rapidly, or holding one of them down.
It could very well be my mobo as well, because I did have a defective power supply when I first built the machine which ran for a week or two, then blew up in spectacular fashion. Everything *seemed* fine after replacing the PSU, but maybe not...