Hi Magnetic,
First of all check here:
http://www.morphos-news.de/beta2help/
This guide will help you installing it. Now if you run into any probs could you describe them here or mail me them? I got the same board wich has 1.4 running on it and it did not cost me any trouble getting it installed. Don't worry we get this one working. That helpguide alone should do it.
Let me know.
Coder