Update:
Exchanged the new 550 W power source ($17) for a higher quality 560 W power source ($68).
Initially had same result - frozen on motherboard splash screen.
Second time, held DEL, still frozen as before.
Third time, held F8, this time made some progress. Made it to the next screen! REalized this might have been due to a quicker release of the F8 key (may have been holding for too long previously, this time was sure to release it right after I got the message "Loading Boot Menu....."
So this next screen listed some info about my system, including which version of BIOS, Processor, Mem test result, then listed all IDE and SATA drives. Then showed this:
CMOS checksum error - defaults loaded
I am hoping that having the defaults loaded has broken this loop once and for all (haven't shut down since then yet).
Also I received one warning: "Your computer chip Fan fail or speed too low. You can disable this message in BIOS."
Which reminded me, at one point, long ago (months ago) I did disable that message, as I assumed this was referring to the CPU fan, which was running, and which I did buy a replacement for (which I finally installed two days ago when first replacing the PSU). Now that I have my case on top of my desk, open in front of me while running, I realize that chip Fan is probably not the CPU fan, but a different fan on the motherboard (I now assume this is my chipset fan) which is not rotating at all. So I'll look into that to see if it is removable/replaceable without having to de-solder/solder, and hoping that the fan is readily available somewhere out here (I am in Vietnam, so a bit tougher to find).
Anyway, I'm just hoping that the next time I reboot, that I won't have the freezing at motherboard splash screen issue anymore. Perhaps having he CMOS defaults loaded will have resolved this. And if so, what got me this far is either one or a combination of the following:
1.) Longer removal of the CMOS battery, and moving of the CMOS jumper (roughly 40 minutes last night)
2.) Upgrading to a higher quality PSU (means higher weight, and higher cost)
3.) Holding, then quickly releasing (as soon as the message changes) the F8 key to enter BIOS.
So f anyone is having the same symptoms I was, I'd recommend trying 1 and 3 first, but maybe even 2 was critical in this case.
I'll check back later to give a final update top this thread. Thanks for input from other members.