Ubuntu Installation :: Install Fails On Asus P8H67 Motherboard / Get It?

I just assembled a new computer with Intel Core I3 processor and Asus P8H67 motherboard and 4 MB of memory. It has a 2TB Hitachi Deskstar Hard Drive and Asus DVD. I am trying to load Ubuntu 10.10 directly (without first loading Windows) without success.

I have tried 4 separate downloads of Ubuntu - 64 bit, 32 bit with Desktop and Alternative. I have changed a variety of parameters and various tricks suggested on other threads. The Desktop (32 and 64) versions get me to Busybox shell with message (Initramfs) Unable to find a medium using live file system. The Alternative version hangs with the messages:
RAMDISK: Couldn't find valid RAM image startgin at 0;
No filesystem could mount root, tried ext3, ext2, ext4, fuseblk;
Kernal panic - not syncing VHS;
Unable to mount root fs on unkown block(1,0).

For parameters I think have tried them all (but not in all combinations). I tried exiting twice from BusyBox as suggested on forums but that just hangs the system. I also turn off the quiet and splash to try and see what is going on....but it is too complex and goes to fast for me to follow.

A final suggestion was that the P8H67 is too new for Ubuntu 10.10 and to try the new version 11 coming out...I am new to Linux and reluctant to try a Beta