Ok sorry for the lack of updates I have been super busy getting this machine up and running!
This is the top divider where the PSU sits on, I carefully marked out where the fan grill would be when the PSU was mounted and the began cutting! I am too mean to buy a dremel considering I would only use it for this project and then it would probably sit in the box never to be touched again, so it was all cut out by hand!
Here is the top divider with the hole cut out, I am pretty pleased with the neatness of it considering it was done by hand with a coping saw! It won't be seen though and is covered up by the PSU's fan grill anyway!

These are the thing you will need to extend the PSU's IEC connector to the outside of the case, I have not yet been able to do this due to my soldering iron being absolute rubbish! I may just get some crimp connectors to attach it to the IEC socket as it would be much easier! (Note, I bought these from a company called RS, they were super helpful have a great showroom and were much cheeper than if I bought them online!)

Here is the motherboard tray mounted and you can see the PSU is mounted in there as well.
To attach the motherboard tray to the original G5 standoffs I first tried a paper template to map the location of the standoffs to the tray, this did not work.
I then had the idea to put some paint on the standoffs and then place the tray in position. This worked perfectly giving me the precise location of the holes and where to drill! No JB weld required!

Motherboard in and looking good!

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i5 3570k! Very nice processor!

Memory installed. The aluminium heat-sinks look like something apple would have designed themselves!

Fans mounted onto the hard drive caddy with cable ties! Surprisingly it works really well, they are held in place strongly and I cant come up with a better solution that isn't as easy!
Almost complete inside! (Note no graphics card installed, more on that later!)
A quick shot of the G5 in place at my set up! It looks really good!
My Geekbench score, (32bit mode) I am super happy with this! Its a great improvement on my MacBook Pro which gets around 3500!
http://browser.prima...ekbench2/916061
And my Cinebench scores, I am really happy with the processors scores!
So to sum up the build it has been a great experience (my first proper computer build and case mod!)
I think it looks the parts and I am more than happy with the performance!
I have overclocked it to 3.8GHz which was so easy to do! Literally just change a number in the BIOS and it was done! I hope I can hit 4-4.2GHz when I have my new graphics card. It runs really quite cool averaging about 30 degrees under normal use (Youtube open, Facebook, iTunes etc..) and around 55 degrees under full load.
You may notice that I am using the Intel HD 4000 graphics, I did originally have a XFX Radeon HD 6850 however this has been sent back due to it being incompatible. Firstly there are major problems with getting the 6xxx series of cards to work with Mountain Lion and secondly I bought a ZCFC version which as far as I can tell wasn't compatible with Lion!
I will be replacing this with either a 550 TI if I get the ok that it is working properly under Mountain Lion with some software updates etc... or wait and get a 650.
I am still waiting for my front I/O cable to arrive so at the moment I am just using an old power button (its hanging out one of the PCI slots!).
I also have a WiFI card on its way so I don't have to share my MBP's connection via ethernet!
Anyway I hope you enjoyed my pictures and ramblings!
I am more than happy to answer any questions about the mod.
Thanks,
Chris