citahellion: This is not directed at you, but more of a general warning for everyone (since we're all computer users). It sounds like you can get a discount through your job on a solid power supply, but I dont want other people thinking good PSU's cost around $50! So here's the warning:
A good power supply shouldn't be cheap... $50 indicates somebody is cutting corners somewhere (unless you get a discount at a computer store because you work there!)! Many $50 power supplies are rated at peak power, instead of continous power, and use components with a shorter mean time between failures. This means more problems for you down the road, with less protection and less power to your system!
Quality power supply units should have properly designed conditioning circuits, which will protect your PC from the random power surges a household can deliver. I've seen many a good motherboard or cpu ruined because $500 worth of parts were 'protected' and powered by a $40-$60 unit.
The best advice I can give ANYONE that uses their computer daily is to buy a quality power supply to protect your investment. Companies with solid reputations for quality power supplies are Antec, Zalman and Enermax. Shopping around TigerDirect and Newegg, I was able to find PSU's by each of the companies in the $80-$110 range.
Thanks for letting me turn your cool story about how crappy the PSU smelled (and they do smell pretty crappy) to rant about the biggest PC killer Ive seen over the years: cheap ass power supplies!