Moving Xorg's configuration must not change anything (but you should not have that file anyway). I believe the "nouveau" driver in Linux-libre 3.5 does not handle the GTX 500 series:
[     8.211] (II) NOUVEAU driver Date:   Wed Nov 30 18:56:54 2011 +0100
[     8.211] (II) NOUVEAU driver for NVIDIA chipset families :
[     8.212]    RIVA TNT        (NV04)
[     8.212]    RIVA TNT2       (NV05)
[     8.212]    GeForce 256     (NV10)
[     8.212]    GeForce 2       (NV11, NV15)
[     8.212]    GeForce 4MX     (NV17, NV18)
[     8.212]    GeForce 3       (NV20)
[     8.212]    GeForce 4Ti     (NV25, NV28)
[     8.212]    GeForce FX      (NV3x)
[     8.212]    GeForce 6       (NV4x)
[     8.212]    GeForce 7       (G7x)
[     8.212]    GeForce 8       (G8x)
[     8.212]    GeForce GTX 200 (NVA0)
[     8.212]    GeForce GTX 400 (NVC0)

You therefore need to install a more recent kernel.

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