Alright an important update to note here:

32bit works but when I try to do another install within SL I get a panic in the installation process, mostly before it even starts installing files, sometimes even when deselcting printer files (in custom)

So I suggest you guys try the same and report back.

Conclusion so far on my rig: 32 & 64 bit are not stable. Back to my 10.5.8 install :/

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 Snow Leopard 10.6.7  Gigabyte GA-P35-DS3P  Intel Q6600 @ 3Ghz  Corsair CM2X2048-6400DHX  Gigabyte HD5770 Silent Cell  Samsung SyncMaster 2494SW  ALC889a  Creative T5400 5.1  Maxtor 380215AS  Pioneer DVR-215D  Presonus Inspire 1394  KRK Rokit 5  Wacom Bamboo One 
 SL USB Guide => http://www.infinitemac.com/f57/guide...k-drive-t3705/ 