I might suggest downloading Knoppix or Debian net-install. Debian can run on almost anything, old hardware included. At least if it installs and seems to work properly, you will know it is probably FreeBSD just not playing friendly.
Knoppix would probably give you hardware errors on bootup if something hardware-wise is faulty.
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"You hear the one about the fella who died, went to the pearly gates? St. Peter let him in. Sees a guy in a suit making a closing argument. Says, "Who's that?" St. Peter says, "Oh, that's God. Thinks he's Denny Crane."
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