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#1
Probably not, since the module is 4GB and the only ones listed as compatible go upto 2GB. That said, the QVL list only details the memory modules and sizes that have been tested with the board. It is by no means exhaustive, and other modules/sizes may or may not work.
I'm guessing one of three things will happen. The PC won't see it and won't post, it will show up as only 2 gig, or it will show up as 4 gig. As mentioned, the QVL is just a list of modules that tested OK. The two sticks of DDR3 I have in this rig weren't on the QVL list for my board but work just fine. YMMV.