Thanks everybody. Its working fine. I am typing this from my new system. I just have one problem. Running win 7 pro 64x. Every now and then, this incredible screeching sound goes off. Everything pauses for a few seconds and then it works again. I have the Intel turbo boost gadget installed and after each one of this occurrences, my CPU clock speed bumps up from nothing to 3.70 ghz.
By the way, it is Acbel, sorry for the confusion