That's a classic case of the poster misinterpreting what Nvidia says.
"The Geforce 8800GTS requires a minimum 400W or greater system power supply with a 12V current rating of 26A. While most Geforce 8800GTX users power supply meets or exceeds the minimum wattage requirements, the power supply may fail the minimum current necessary to achieve consistant framerates during heavy use of the graphics card."
It should be read as "During heavy gaming where the graphics card is delivering consistent (high) framerates, the power supply needs to be able to provide enough continuous current to the card or it will fail".
Anyway, toms is pretty bad for tech advice. This is a good article that explains a lot about PSUs - http://www.enthusiastpc.net/articles/00002/4.aspx
He even mentions this in it -
It's good that you're getting a new PSU anyway - that one you have probably doesn't owe you anything at 10 years old. I'm assuming you had to hook up extra adapters for it, ie an extra 6-pin or two?
Surprisingly, in spite of its age, it came with two pci-e 6 pins.
I popped the new 600w Antec PSU in today. One thing I will say is that my rig seems much cooler than with the old PSU. I'm not sure how that works but can only imagine the old one was far less efficient and perhaps being thrashed.
It didn't magically sort out any FPS issues as you predicted. What I have found since about the Oculus FPS issue is that it happens under particular circumstances which have nothing to do with GPU or CPU load.
Thanks for all the input.