Do you have the latest BIOS version 1005a? Download it <A HREF="http://www.asus.com.tw/products/Motherboard/bios_socka.html#a7v133" target="_new">here</A> and flash your BIOS if you don't. Don't use one of those other ones from overclocking sites, because they might be tampered, and they're not the official ones. Don't change any settings unless you know what you're doing. There's a setting that asks "PNP OS?" - say "No". That way, your BIOS is the one to configure it.
I myself have the same board, and not experiencing any problems. But, maybe your cards aren't setup properly. I'll just give you my configuration and just copy it accordingly, since it's been working fine.
PCI Slot 1: Nothing
PCI Slot 2: Nothing
PCI Slot 3: Sound Card
PCI Slot 4: Nothing
PCI Slot 5: NIC
Make sure <A HREF="http://www.viaarena.com/?PageID=2" target="_new">VIA 4-in-1 v4.34 drivers</A> are installed. Install the <A HREF="http://www.asus.com.tw/products/Motherboard/driver_ide.html#ata100" target="_new">Promise ATA100 driver build 33</A>, even if you aren't using the onboard controller.
If you're still hanging, download the Microsoft fix <A HREF="http://www.microsoft.com/windows98/downloads/contents/WURecommended/S_WUFeatured/Win98SE/" target="_new">here</A>.
I'm gonna check my BIOS, then get back to you real quick. If I don't reply within 10 minutes of this post, that means everything I said stands as is.
If you read this before then, I hope it works.
Kernel32.dll error...aw, son of a....