BSoD when screen saver trying to start

Ok, before doing a delete all, I am trying to repair it with original Windows DVD and the repair disc.

Update:
Did not erase the files / C: drive. Performed a start up repair. If I BSoD again, will update the dump file but please look at the new dump file earlier.

I have purged all old dump files and then when it BSD again, I get a new dump file - which is what I have included in the latest zipped file above. It should not show that I did not update the asus file and it should also show that I am no longer using McAfee.

Update May 9, 2012:
Installed the latest driver from Marvell's website dated March 2012! Asus's listed drivers are outdated!

Technically - no.

After reloading Windows 7 and updated ALL the drivers AGAIN, I still get BSoD twice

... before the BSoD's ... I noticed that two of my screens ( I have 4 screens ) were flickering immediately before the screen saver starts. Additionally, the BSoD only showed on 2 of screens which were flickering. The other 2 screens seems fine and was stuck on whatever I had on but no blue screen.

So I removed one of the video card (VisionTek Radeon HD 4850) which was hooked up to the ones with the blue screens and currently just on one video card and one screen. So far so good ... for the past 12 hours or so. Windows screen saver works without flickering.

Now loading Battlefield 3 so see if it BSoD and if not in the next couple of days, will install a new video card to go back to 4 screens.

I also bought a XFX R7770 Double Dissipation (GHz Edition) card yesterday while on sale.

I have a Asus P5Q-E motherboard with 8G Byte of RAM and an Intel Q6700 processor ... and a Corsair HX620W power supply in an extra large Antec case with fans.

My question is really, if it is indeed one of my old VisionTek graphics card failing (and causing all the BSoD even after a Windows reload), will the new graphics card going to work with the system? It probably needs a new driver from Radeon, etc. and takes up additional power?