This is really wierd, I tried swapping out the memory but that did'nt seem to work. In fact the system does'nt even get to the point of doing the memory check. It's like the system just locks on the BIOS page, I can see the options to enter into BIOS or the boot order screen but the system does'nt respond to the keystrokes. (probably because the keyboard appears to lockup at that point, its unresponsive) I ended up taking out my video card, wireless nic card and sound card but that does'nt seem to make a difference either. The CMOS battery appears to be installed correctly, I did'nt notice any cracks or loose connections on the housing.
I tried reseating all of the wires and other connections on the mobo. Any ideas on what I should try next? New mobo perhaps?