Short of taking a multimeter to the physical connections on the LCD display assembly and the MB (because I don't own a multimeter yet), I did everything logical to isolate and diagnosis the problem. What I did was first see if an external display showed the same vertical problem. I connected both the VGA and HDMI connections to said external display and the result was no lines. Unless in mistaken, that should rule out the GPU/MB our at least those physical connections. I then powered down and took out the battery, and started to disassemble the display. I get to the connection that goes from the display to the MB and disconnected it then reconnected it. I put everything back together and powered up the computer. The lines are still there. This leads me to believe that it's either a sensor on the LCD display or one of the connections from the LCD display to the MB.
As for the warranty, yup I got this laptop a little under a year ago so both the original and extended warranty had expired. If the steps I took to troubleshoot this problem are sound and I didn't overlook anything, I feel I can easily fix this problem myself. Since my original display is 1600x900, I figured I might s well spend the extra $10 and get a glossy 1920x1080 display Assembly. I just don't want to run into any snags that I might not be able to fix myself.
Perhaps a little history may help as well. I had a similar problem with the display, I had a blue hue/distortion. Luckily out was still under warranty and Asus did fix it.
I apologize for any spelling errors because I'm posting this from my phone
Asus G75VW-TS71:
Intel Core i7 3610QM
NVIDIA GTX660M
12GB RAM
500GB Hard Drive 5400rpm
6x Blu-Ray reader/DVD R/RW
Currently:
Win 7 Home Premium 64bit
"The unwanting soul sees whats hidden; the ever-wanting soul only sees what it wants" --Lao Tzu Tao de Chang