<< Haha... I love the suggestion to check the RAM >>
Remember, you came here for suggestions. Not a good idea to criticize/mock others when they offer them to you. In a nutshell, you have a symptom/issue that it seems no one else has seen. That is why folks are trying to think of all possible items that could be responsible; including the RAM. You are quick to blame the board:
<< Hehe, this board is truly NOT a performance board, is it. >>
and
<< Heh... I'm just curious as to why it doesn't do what it's designed/supposed to do >>
It is entirely possible that it is the board I suppose, but if this were something that was rampant with the ECS board, others would have seen it or heard of it. You need to take a strong look at what Dapunisher suggested; "BTW, there have been many complaints concerning the latest bios revision for the K7S5A so perhaps flashing to a slightly ealier release would be in order. Also, what PSU are you using? have you tried the SDRAM in both slots?" The PS has always been an issue with the SIS 735 chipset and it is not unusual for new BIOS releases to have a few quirks and many have been reported on other forums concerning this MB. I think the suggestion about the chipset fan merits some consideration also, but it should do CL2 without that. Also, are you populating both slots with the RAM or just one? Try just one if you haven't and try different slots if you have (as Dapunisher suggested). And sorry, if I were you I'd try another stick of RAM in there also; to eliminate all possible causes. And if in fact you do, then RMA the sucker and get one that will do what it should; simple as that.