Little death in the eyes of my mac?

Hi all.

last time my notebook's software did weird things and messed me around, this forum was very helpful. Therefore I once again seek your help.

This is the report of the weird freeze/shutdown I had, and I am afraid that my system is running os its last dimes. What is causing the freeze and/or shutdown?

Interval Since Last Panic Report: 7968832 sec
Panics Since Last Report: 1
Anonymous UUID: 3DB63062-16AE-460F-AD0F-AF7DA09E066A

Mon May 21 21:05:06 2012
panic(cpu 1 caller 0x1137d30): AppleIntelGMAX3100FB GPU parser error. EIR 0x1 ESR 0x1 Instruction Error IPEIR 0 IPEHR 0xff000000 BBADDR 0 INSTDONE 0xffe5fafd INSTPS 0xb8c32 INSTPM 0x10
Backtrace (CPU 1), Frame : Return Address (4 potential args on stack)
0x2febbdf8 : 0x21b837 (0x5dd7fc 0x2febbe2c 0x223ce1 0x0)
0x2febbe48 : 0x1137d30 (0x113fda4 0x59254a0 0x113fd94 0x1)
0x2febbed8 : 0x553ec7 (0x59e1000 0x59dda80 0x1 0x5b2b3d4)
0x2febbf28 : 0x552ea6 (0x59dda80 0x0 0x0 0x28c28f54)
0x2febbf88 : 0x552eea (0x5a7d940 0x4e68780 0xffe00673 0xffffffff)
0x2febbfc8 : 0x2a179c (0x5a7d940 0x0 0x2a17ab 0x55d2e24)
Kernel Extensions in backtrace (with dependencies):
com.apple.driver.AppleIntelGMAX3100FB(6.3.6)@0x112c000->0x1142fff
dependency: com.apple.iokit.IOACPIFamily(1.3.0)@0x942000
dependency: com.apple.iokit.IOPCIFamily(2.6.5)@0x956000
dependency: com.apple.iokit.IOGraphicsFamily(2.2.1)@0xdb3000
dependency: com.apple.driver.AppleSMC(3.1.0d5)@0x946000

BSD process name corresponding to current thread: kernel_task

Mac OS version:
10K549

Kernel version:
Darwin Kernel Version 10.8.0: Tue Jun 7 16:33:36 PDT 2011; root:xnu-1504.15.3~1/RELEASE_I386
System model name: MacBook4,1 (Mac-F22788A9)

System uptime in nanoseconds: 1140178965483
unloaded kexts:
com.apple.driver.AirPortBrcm43xx 423.91.27 (addr 0xb3a000, size 0x1900544) - last unloaded 95445638113
loaded kexts:
at.obdev.nke.LittleSnitch 2.4.2
com.apple.driver.AppleHDA 2.0.5f14 - last loaded 20927412374
com.apple.driver.AppleHWSensor 1.9.3d0
com.apple.filesystems.autofs 2.1.0
com.apple.driver.AudioAUUC 1.57
com.apple.driver.SMCMotionSensor 3.0.1d2
com.apple.Dont_Steal_Mac_OS_X 7.0.0
com.apple.driver.AudioIPCDriver 1.1.6
com.apple.driver.AppleIntelPenrynProfile 17
com.apple.driver.AppleUpstreamUserClient 3.5.7
com.apple.driver.AppleMCCSControl 1.0.20
com.apple.driver.ACPI_SMC_PlatformPlugin 4.7.0a1
com.apple.driver.AppleLPC 1.5.1
com.apple.driver.AppleBacklight 170.0.46
com.apple.driver.AppleIntelGMAX3100 6.3.6
com.apple.driver.AppleIntelGMAX3100FB 6.3.6
com.apple.driver.AppleUSBTrackpad 201.6
com.apple.driver.AppleUSBTCKeyEventDriver 201.6
com.apple.driver.AppleUSBTCKeyboard 201.6
com.apple.driver.AppleIRController 303.8
com.apple.iokit.SCSITaskUserClient 2.6.8
com.apple.BootCache 31.1
com.apple.AppleFSCompression.AppleFSCompressionTypeZlib 1.0.0d1
com.apple.driver.AppleIntelPIIXATA 2.5.1
com.apple.iokit.IOAHCIBlockStorage 1.6.4
com.apple.driver.AppleFWOHCI 4.7.3
com.apple.iokit.AppleYukon2 3.2.1b1
com.apple.driver.AppleAHCIPort 2.1.7
com.apple.driver.AppleUSBHub 4.2.4
com.apple.driver.AirPortBrcm43224 428.42.4
com.apple.driver.AppleUSBEHCI 4.2.4
com.apple.driver.AppleUSBUHCI 4.2.0
com.apple.driver.AppleEFINVRAM 1.4.0
com.apple.driver.AppleRTC 1.3.1
com.apple.driver.AppleHPET 1.5
com.apple.driver.AppleSmartBatteryManager 160.0.0
com.apple.driver.AppleACPIButtons 1.3.6
com.apple.driver.AppleSMBIOS 1.7
com.apple.driver.AppleACPIEC 1.3.6
com.apple.driver.AppleAPIC 1.4
com.apple.driver.AppleIntelCPUPowerManagementClient 142.6.0
com.apple.security.sandbox 1
com.apple.security.quarantine 0
com.apple.nke.applicationfirewall 2.1.14
com.apple.driver.AppleIntelCPUPowerManagement 142.6.0
com.apple.driver.DspFuncLib 2.0.5f14
com.apple.driver.AppleProfileReadCounterAction 17
com.apple.driver.AppleProfileTimestampAction 10
com.apple.driver.AppleProfileThreadInfoAction 14
com.apple.driver.AppleProfileRegisterStateAction 10
com.apple.driver.AppleProfileKEventAction 10
com.apple.driver.AppleProfileCallstackAction 20
com.apple.iokit.IOFireWireIP 2.0.3
com.apple.iokit.IOSurface 74.2
com.apple.iokit.IOBluetoothSerialManager 2.4.5f3
com.apple.iokit.IOSerialFamily 10.0.3
com.apple.iokit.IOAudioFamily 1.8.3fc2
com.apple.kext.OSvKernDSPLib 1.3
com.apple.iokit.AppleProfileFamily 41
com.apple.driver.AppleHDAController 2.0.5f14
com.apple.iokit.IOHDAFamily 2.0.5f14
com.apple.driver.IOPlatformPluginFamily 4.7.0a1
com.apple.driver.AppleBacklightExpert 1.0.1
com.apple.iokit.IONDRVSupport 2.2.1
com.apple.driver.AppleSMC 3.1.0d5
com.apple.iokit.IOGraphicsFamily 2.2.1
com.apple.driver.CSRUSBBluetoothHCIController 2.4.5f3
com.apple.driver.AppleUSBBluetoothHCIController 2.4.5f3
com.apple.iokit.IOBluetoothFamily 2.4.5f3
com.apple.iokit.IOUSBHIDDriver 4.2.0
com.apple.driver.AppleUSBMergeNub 4.2.4
com.apple.driver.AppleUSBComposite 3.9.0
com.apple.iokit.IOSCSIMultimediaCommandsDevice 2.6.8
com.apple.iokit.IOBDStorageFamily 1.6
com.apple.iokit.IODVDStorageFamily 1.6
com.apple.iokit.IOCDStorageFamily 1.6.1
com.apple.iokit.IOATAPIProtocolTransport 2.5.1
com.apple.iokit.IOSCSIArchitectureModelFamily 2.6.8
com.apple.driver.XsanFilter 402.1
com.apple.iokit.IOATAFamily 2.5.1
com.apple.iokit.IOFireWireFamily 4.2.6
com.apple.iokit.IOAHCIFamily 2.0.6
com.apple.iokit.IOUSBUserClient 4.2.4
com.apple.iokit.IO80211Family 320.1
com.apple.iokit.IONetworkingFamily 1.10
com.apple.iokit.IOUSBFamily 4.2.4
com.apple.driver.AppleEFIRuntime 1.4.0
com.apple.iokit.IOHIDFamily 1.6.6
com.apple.iokit.IOSMBusFamily 1.1
com.apple.kext.AppleMatch 1.0.0d1
com.apple.security.TMSafetyNet 6
com.apple.driver.DiskImages 289.1
com.apple.iokit.IOStorageFamily 1.6.3
com.apple.driver.AppleACPIPlatform 1.3.6
com.apple.iokit.IOPCIFamily 2.6.5
com.apple.iokit.IOACPIFamily 1.3.0

What were you doing when you received the panic? What program was running at the time? The KP report is telling us that the crash occurred during a process with the GPU (graphics controller).