Just came back from my friend's shop, it's definitely the mobo. We plugged in a known-to-be-good power supply and still no joy. Then we attempted to restart the machine directly from the mobo. No dice.
Damn you, Abit!
-edit-
My geek pal tried to convince me that this was the "perfect excuse" to move to I7. We took a look at the prices, and I nixed it. Sticking with socket 975 for now, no need to replace proc or RAM. Tempting, but no.
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