I know this, because I have installed Compiz and almost everything is a lot smoother with it. Slingshot, Plank and animations are all smooth and look nice, you get the point. I can confirm that like Paulo Molina said, the Alt tabbing is smooth with Gala. So... the problem lies within Gala, not the drivers.
This has nothing to do with the drivers.
I know this, because I have installed Compiz and almost everything is a lot smoother with it. Slingshot, Plank and animations are all smooth and look nice, you get the point. I can confirm that like Paulo Molina said, the Alt tabbing is smooth with Gala. So... the problem lies within Gala, not the drivers.