if ever you encounter something like this, stop trying to increase the power supply voltage because you have a separate issue. you're talking almost 2 volts difference, that's pretty tremendously awful. also where are you observing 3.30V, at the video board or the CPU board? because as has been stated, the 2 AR2s power each individual board. if the video board being connected is dropping the CPU board, you have major problems.
I'm not going back and reading all 3 pages here, if you haven't cleaned the edges or inspected for heat damage (you'll see noticeable browning around the +5 contacts), you will need to do this first. gamefixer is working remotely lately, but you may wind up needing to send boards to him to overhaul