In such cases it's always a good idea to start from the absolute minimum. CPU, mobo and speaker. You should get one long beep, indicating RAM error.
It's a moot point, but a BIOS error a good sign (that's speaking as a test engineer).
Think of it as an accident victim and you're the paramedic. Which is better, a person lying silent and motionless, or one saying that they can't feel their legs? At least you know they're alive.
The failing POST is the same, the computer is alive enough to tell you there's a problem with RAM.
Then put in some RAM and it ought to complain about the lack of video hardware (unless it's built-in). Drop inthe video card and it should succeed.
Then, replace everything else one by one.
Oh, and as for your SB power,
RTFM next time..
:p