So i pulled the trigger on a new system build:
Striker Extreme:
Xeon 3060 which was known good on a P5W DH for 3.6Ghz @ 1.52volts
2x 8800GTX for SLI
single Raptor X
SoundBlaster Xi
pair of optical DVD burners.
Dominator Series Twin2X2048-9136C5D memory
I've got an Enermax Galaxy 1000 Gamer edition to power the whole setup.

First boot up, I took it stragiht to the BIOS with both sticks of memory. No problem. Of course, it was default 1.8v @ 5-5-5-18. memory is EPP compliant, but haven't tried used the EPP features yet. After a few minutes, the scree went 'crazy' Random characters and colors everwhere. Reboot, go to Windows. Windows desktop works fine. Using Asus Update tool, went to the new 0701 bios. Now i can stay in BIOS indef with no issues.
I've tried a few overclock settings - like stragith to a 1600FSB @ 1.55 volts vCore but system hung at memory test.
So, i guess i need to do some reading and find other folks sweet spots.

I've had a lot of setbacks with the build, but its all in one box now - so now i'm ready to expand the horizons. Has anyone seen a 'Striker results' thread?