Home Premium should have no problems loading up and installing, regardless of how the SATA ports are configured, so I think we can take that off the table as being the source of your difficulties.
I think you might want to consider reducing everything to the least number of components possible, for troubleshooting purposes. Remove all but a single stick of memory. If you have both an add-in graphics card and on-board graphics, remove the graphics card and use only the on-board for now. Remove all drives except for the optical drive you are using to boot the Windows installation disc.
At this point, you may try booting to your Windows 7 DVD again, or you may want to download and create a bootable memory diagnostic disc, if you have a blank CD and access to a drive to burn with. This will at least help you to determine whether your RAM is acting up, without the need for anything more fancy. If the first RAM module tests through several passes without error, you can power down, swap in the other RAM module, and test again. Once you are certain your memory is functioning correctly, that is the best time to attempt booting to your Windows DVD again. Since there shouldn't be any add-in boards or extra equipment to speak of, other than the motherboard's built-in components, you should be able to boot into your Windows DVD. Of course, it also should inform you that there is nowhere available to install Windows, but that's okay. At least that's progress. Once you can get the Windows installation disc to boot, you can add back hardware, one piece at a time, until you are able to install Windows. Add back the remaining RAM modules, and make sure it boots. Then add a single hard disk, and make sure it boots, etc. Once you have all of the RAM modules and hard disks attached again, I would stop with adding hardware until you can complete the Windows installation. Any graphics cards can be added after Windows has been installed.
You can download free memory testing utilities from the following sites:
Memtest86+: http://www.memtest.org/
Memtest86: http://www.memtest86.com/