I've got the same problem. It is worse with the 'Show terrain' option unchecked in Googleearth options.
I'm using a motherboard with an on board Radeon 2100 chip, Ubuntu Maverick and the ATI open source driver.
It appears this combination may be the problem. Someone else on here told me the fglrx closed source drivers work, but these drivers do not support this chip set (and a bunch of others) on kernels past 2.6.29.
So, at least in my case, it appears to be a problem with the ATI open source drivers.
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