Baris Sanli's Raspberry Pi and Gertboard Resources
Raspberry Pi and HD44780
Setup : Raspberry Pi, HD44780 LCD display 16x2 I do not know how this happened, but my first trial produced something like that But after rebooting the Raspberry with the LCD connected, the problem seem to be solved...May be it is something to do with overclocking?
link: http://www.rpiblog.com/2012/11/interfacing-16x2-lcd-with-raspberry-pi.html