Motherboard failing?

Hey everyone, and thanks in advance if you can help me out on this one. I've had this Mobo for a while now and I think it finally crapped out on me (ECS L7VMM3)..
Quick walkthrough:

I'm listening to music (which is located on my E: drive), and my music starts skipping. I reset my computer, and after it boots up I look at my E: drive and it says it needs to be formatted (which is BS). So I shut down, remove it, boot it back up and then I get a "partition table" error. So I shut it down once more, and let it cool down for about 10 minutes. Start it back up, and now none of my IDE components are being detected (My HDD, DVD drive). After it doesn't detect that, it takes me to some sort of screen which I'm looking at now. It says: "Analyzing network media type, this will take several seconds..". I guess it detects it, and after it does it goes back to the same screen I'm looking at and it analyzes it again.. hopefully I can provide more info soon as to seeing if my HDD's are still ok but I don't see why not..

Thanks again.

 

Welcome to MajorGeeks

Have you tried booting with just the boot drive connected?
How many hard drives and optical drives do you have altogether?

Some more system information would be useful too (especially power supply)

 

Yes, tried with just the boot drive. Nadda.
3 altogether.

I'm running a 500W PSU, which is fairly new (it's a cheap one though, I got it for around $20)

 

Yeah.. it skips detecting any drives on the boot up and goes right into the network boot, which is odd.. I have a hunch it's the power supply..