So I bought a new motherboard and it won't post either :/ No beeps this time either. All I've had connected so far is RAM, video card and CPU (so it's definitely not a HDD issue). It's odd because not all of the items on the board appear to be being powered - the CPU fan didn't spin up when plugged into the CPU fan socket, but did when plugged into the system fan socket. It's a Gigabyte E45PT-UD3R.
I'm thinking it may be a dead CPU... or it may be a slowly dying PSU? The problem now is I have dropped ~$200 on a motherboard I probably didn't need, and if buying a new CPU doesn't help I'll be buying one of everything new until I find it - hoping of course that whatever is causing a failure isn't taking new parts along with it.
I'm somewhat tempted to go out and buy a new i7, another board and a new cooler.
I'm pretty frustrated at component death at the moment.. thinking it'll be cheaper in the long run to buy a low-powered shell system, chuck in my hard drives, buy a decent laptop and treat my desktop PC as a pure server.