RXXi,
I can tell you this much of what I have found out researching the Cyberstorm PPC. It is probably the same for the Blizzard. The PPC had what I call a manufacturing defect where the solder balling under the 060 and PPC would crack and become intermittent with a normal user. For the guys that were overclocking the PPC chip, it would burn up. Even if you used the PPC factory stock, it could still burn up in a 4000D because of bad ventilation. It working intermittently sounds like the solder joints under the 060.
Another thing about the PPC is that the memory has to be installed in pairs in bank 0 and bank 2. It will not boot without memory. If you reboot and hold esc, it will come up in bios mode provided you are at the correct firmware level. I don't know exactly what that level is but my working PPC I can get into the bios of the card.
Another common thing about the card is that the 50MHz Oscillator would die. Even if the PPC chip burned up, the 060 on most would still work.
You can try to push and hold on the 060 during boot up and see if you can get it to boot. If that causes it too boot, you are suffering from the cracked solder joints under the 060.