Moto Droid - Screen Going Crazy / SD Card Contents So about an hour ago I was texting and noticed that when I would try to hit certain letters using the on-screen keyboard that it would think I pressed the keys to the left or right of a certain area.  It seemed like a deadspot to me and already I was disappointed but it wasn't a giant issue as I could just use the hardware keyboard til I got it fixed.  Now, however, after ~1 minute of being booted up, the screen just starts going crazy, loading random applications, zooming in on stuff, flickering left and right like I was swiping it.  I was wondering if anyone had any experience as to what can cause this (other than hardware failure) and if you think doing a factory reset will help at all (assuming I can get through the options fast enough before the screen goes nuts).

Also, before trying a factory reset, I was wondering what all is stored on the SD card by default.  I'm not really worried about apps (I'll just re-download them) or contacts (synced with Google I believe), but more media (pictures / videos [both that I took and downloaded] / music).  Now common sense would suggest that media items would all be stored on the SD card, but I know from experience not to assume things like this.  If you could fill me in it would be much appreciated.
Pictures, videos, downloads, and music are all stored on the SD card by default. You can get at them by popping your SD card into any card reader. (probably have to get an adapter)

App settings are stored on the phone. But if those apps support google's backup service those settings will be restored on your new phone.