No breakers went off, everything else around the computer was still on. The monitor works fine, and the speaker is hooked up to the motherboard correctly.
We tested the power supply and only got the +5V Standby and the Power On giving any voltage. We opened up the power supply and the fuse was intact, but there was a burn mark between two leads on a component, which led us to think it was the power supply. Which it was, but now it seem to have spread.
I still don't see how the hard drive could cause any of this. A computer will begin to boot without a hard drive, and then complain about it when its through with everything else. The hard drive COULD be damaged, however it's hard to read the warning without video (If only I set that talking POST thing up).
I had nothing but the power supply, mobo, cpu, and video card hooked up and still no video, and still had the clicking sounds. So unless by some quantum reaction between the hard drive and the power cable, the clicking is not the hard drive. Plus the Hard Drive light is on with no hard drive connected, which really shouldn't happen.
In the next attempt, after reseating all the cables and whatnot again, I pulled out the video card and put in an old PCI video card and tried it again. Still no video. And yes that PCI video card works cause its the one I'm using right now.
So now my guess is the motherboard now. I can't really test the video card, because the only AGP slot in the house is in that motherboard. But knowing my luck so far, that will have blown too...

Thanks for the help so far.