if possible reset the AMD overdrive utility to default settings
and another question.... why is the 320 gig HD showing up on the "Secondary Master" and the CD-Rom showing up on the 4th Slave" in the boot up screen? is this how you had it originally set up?
the HD plugged into the 01 SATA port it looks like, but that 4th Slave is kind of weird looking for the CD-Rom....
you got any diagnostic software that will run from the CD Drive to test the system perhaps?
if you heard zapping as you said, that metal cover sounds like it grounded or shorted some circuits out on the MB, if this happened it could possibly end up causing problems to all the other PC components ... IE HD, RAM, vidcard, any PCI cards, CDrom , PSU .......
be careful trying to keep running it without finding out the damage