Boot up with a PC2100 and a PC2700, don't set by SPD, set CAS to 2.5, then turn off, stick in the 2 PC2700's and reboot.
If you have it set by SPD and use the 2 PC2700's, then it'll try for CAS 2, so you need to set it off SPD when you want to use the two PC2700 modules.
It works with a PC2100 and PC2700 because I guess the 2100 is a CAS 2.5 module, so the mobo sets for the worst SPD setting, which would be 2.5.