Get red LED on motherboard (Asus P8z77-v lx) after new RMA PSU

I just got my new PSU from OCZ through an RMA, and I have done a breadboard build. I get a red LED on the memOk area of the motherboard, however I have tried both 2gb sticks of ram in each of the 4 RAM slots (A1,A2,B1,B2). Do I need to buy a new motherboard? I am leaning towards Gigabyte z77d3h because I want a board that is reliable over feature filled.
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More about motherboard asus p8z77
  1. Pushing the MemOkay button next to the 24 pin power connector does not change the color of the light?
  2. No it does not. The red LED only stays on for a tiny bit. The PSU fan also stops spinning after a second or two. It seems like the system makes an attempt to turn on, waits a few seconds, then tries again.
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