OK I tried reseating the video card... didn't make any difference.
I swapped out memory chips (I have 2X1gb)... put just one it.. still did it. Took that one out and put just the other one in.. still did it.
Unplugged EVERYTHING... all USBS leaving only video and HD plugged in.. STILL did it.
Tonight I removed the 7900GS altogether (PCI-e) and installed my old 6200 (AGP). Keep in mind my MB has both slots. So far the computer is up and running just fine. I don't expect video performance to be all that great, but at least it's progress.
I would have to agree, it acted like the video was overheating... BUT I really don't think that's the case. Sometimes it would go 10-15 minutes or more (I actually played AH for several hours after the first time it did it with no problems whatsoever), but sometimes it would go just a few seconds, not even getting past the BIOS screen before going black.... even after a cold boot. This also rules out software problems.
Now being that I don't have another PCI-e card to try, I have to wonder if it is the video card itself, or a problem with the motherboard (or PCI-e slot itself). I'm going to check with XFX for a possible warranty.. maybe they'll replace it with a 8800 or 9800 card.... who knows

And if a replacement card doesn't do the trick, then I'll upgrade the system. I want an I7 setup so bad I can almost taste it, but at the same time I don't want to spend the money as the most intensive thing I really do on a computer is AH.
I have to say though... not a big fan of AMD anymore, but the pricing on the PHENOMs are very tempting (compared to the I7). I'm sure the I7 performs much much better, but like I said.. I'm cheap haha. By the time I were to spend that kind of money for what I want, I might as well buy a complete system from TD!