Same problem here.
Running AMD Phenom II 550BE
RaidMax Ases Case.
No speaker so can't tell if any beeps are happening.
Going to by speaker tomorrow.
DVD drive is IDE and only has power if IDE data cable is UNPLUGGED.
Tried different cable and drive.
made sure nothing is connected backwards.
Going a little crazy here.
cotodd would you please post if you come up with an answer?