System Failure/BSOD

Hey guys,

Last night my system crashed with a good ol' BSOD error, while I was surfing the internet. I shut down my system, rebooted, got past the BIOS splash screen, the next RAID test screen said it is "functional" and then hangs up at a blank, black screen everytime. I don't even get to the Windows load screen. Recently I have been experiencing BSOD screens and discovered bad RAM in my system. So, I ran Memtest86+ on my system and found the bad module(s), which I removed. My system ran fine for a couple days after that and now this. I popped in my Windows 7 RTM CD and try to run a repair, but it fails to do so... the CD loads up fine, I hit repair and then it gives me an unknown error. When I try to do a clean install, it cannot even find a drive or previous installation of Windows, and asks me to "Load a driver."

So, did I lose a drive? Maybe Motherboard failure? I'm clueless when it comes to determining/troubleshooting a RAID failure. This is my first RAID setup, that I have been running for maybe 2 months now? The RAM that is in my system now passed Memtest86+ for 10 full passes, just 2 days ago. My CPU always runs at 32c idle....43c load.

My config:

Asus M4A79T-Deluixe mobo
4gb Corsair RAM @ 1600mhz
AMD PII 955 @ 3.6ghz
2 * 7200.12 Seagate Barracuda HDDs RAID 0
1 * 7200.11 Seagate Barracuda HDD Backup
Antec 1200 Case
650w Corsair PSU