Setting the CPU voltage in BIOS to 1.29 is not the actual vcore usage by the cpu. This is the Vcore droop people talk about, this is ok. All this means is at load your cpu is using enough voltage.
I am guessing that your cpu is probably stable - to some extent - as you can load programs. Blue screens usually mean memory instability if it is consistent, as opposed to an unstable cpu core having a random fit.
Down load Memtest86+ and boot it using the USB boot drive method or a floppy (cd can work too) http://www.bootdisk.com/pendrive.htm
You need to check Memory voltage to make sure it is at the required setting, no higher no lower. So if it says 2.1 voltage needed place it at that. Also try increasing North Bridge voltage to 1.3.
Your other option is to place memory into AUTO, but check its frequency to make sure it is at default ie: 800 / 1066
This is your RAM? http://www.gskill.com/products.php?index=63
Voltage should be 1.8 (2.0 could damage it). I would just leave it in Auto and set the frequency to 800 and let the BIOS do the rest.Edited by Aparition - 1/28/11 at 5:30pm