Thanks for the response. I found the solution in another forum.
Apparently, ASUS missed marked the jumpers on some of the boards.
Duh. Sure enough!!!! That was the problem. I'm off to the customers site for the install. just in the nick of time.
Yeah, they cleverly labeled the keyboard lockout pins as the IDE LED. They also misspelled Taiwan on the mobo and provided core voltage jumpers that only adjust the core for CPU0. Another crappy beta release from Asus. Dunno what possesed me to buy an Asus board, but I came to my senses and sold it.
You can not use a USB keyboard on an A7M266-D since it doesn't have onboard USB ports. It does however come with a USB 2.0 card, but it needs drives, and loads when the OS loads, so using a USB keyboard will not let you get into the BIOS. - According to the Manual.