Well, if you can get an hour with one stick of RAM it might be worth trying to underclock the video again, although it seems unlikely now that it is the video.
Does the mobo allow the DDR to be put into the other two slots? Might be worth a try, but it now sounds to me like it is the mobo (just possibly the CPU). This could either be a problem or some BIOS settings being set incorrectly.
What I would suggest is turning everything in the BIOS to do with CPU/DDR/FSB back to Auto, and then *underclock* the FSB and PCI-E, loosen the DRAM timings and, if this runs stable, bring the speed of first the PCI-E and then the FSB back up until it falls over. It's possible that the mobo either has a problem with the NB, or is running something out of spec.
If FSB is the problem then you can go with Auto and then lower the CPU multiplier, which, if it still falls over, will point more to the mobo than CPU. If PCI-E then the mobo is the culprit. If it runs OK, then the problem relates to Memory.
If it doesn't run OK at the slow settings then it's either mobo or CPU, and the only way to tell is to put the CPU into another board or another CPU into yours.