Aside from bad EDID data (which actually implies bad drivers, not bad hardware - the drivers need to handle this), there's really no way the monitor can "lock up" the computer.
Have you verified that the computer is actually locked up, or is the monitor just not displaying the signal? Depending on which Makvision you have, be aware that it may only handle up to 640x480, while Windows defaults to 800x600, so the monitor will shut itself down to protect itself (the fancy digital ones give a "No Signal" message). Even the high res Makvision only goes up to 800x600, and Vista/7, default to 1024x768.