Why discharging static to laptop's VGA ground is more disruptive over a pencil then directly?
In my opinion it is a "spike" effect due to the peak of the pencil, the conductance of graphite and the capacity of the pencil wood/plastic. Similar to the effect of a lightning rod but in a small scale, based upon the principle that the electric field strength is great around a pointed object. The difference between your finger and the pencil (when you bring it near to the USB or VGA) is, that the pencil creates a higher E-potential field than your finger, it causes that the current during the spark is higher too (density of chargers is higher than using your finger). Well, during the spark the USB or VGA connection has a so higher voltage that your power source (Leptop batteries have more less 12V) blackout for this short time due to the back-current, and then the LCD blinks.