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Re: please enter setup to recover bios Generally you will get this error message in 3 scenarios:
1. CMOS battery power level too low
2. CMOS jumper either missing or latched on the clear position
3. Something is wrong with your board
Since you have already checked for #1, I would recommend checking for #2 and if it's neither of the conditions in #2 you should consider requesting a RMA for your board.
Then I must RMA because I did 1 and 2 today.
I sure hope I still have the PNP cap that covers the CPU socket. Asus insists on it.
If there are any other suggestions...