To get rid of the BSOD you need to reinstall windows from scratch (reformat and reinstall). That's because xp isn't set up with the drivers for your new MB, and there's no way to get them into XP after the fact if it BSOD's.
I'm not sure about the other items. It should be as simple as setting a single setting for each in the BIOS.
When i tried putting in my xp cd and going through the re format process, i still got the bsod. I got to around the 2nd screen after it ask me for raid or no raid. Should i try again?