OK - Got CBM Lisa revision of the A1200 motherboard - Indivision works great!
No more problems that I had with NCR Lisa:
Randomly when I had booted, WB screen would be rubbish, randomly after few reboots WB would be fine. No more with CBM Lisa
Wondering if different Lisa revisions have bug fixes or so.. I emailed Dave Haynie asking about it, let's see if he answers.