I had to change a few BIOS settings like the AGP aperture to allow the OS/2 GUI to come up, otherwise it would hang when starting the WPS.not very explicit, but interesting info non-the-less.
I'm taking back the hardware today - even though fiddling with the AGP aperture might fix the WPS hangs, I still get "unable to operate your disk drive" messages during some boots. And those messages come well before any WPS hang.