I saw that some others had issues with using ATX power supplies. I wanted to share how I approached using one for a bench rig I made today, adjusting the 12V output to exactly +12.5V and wiring in some helpful switches.
WARNING: Like just about everything else on this forum, doing this involves modding things in ways that could be dangerous, stupid, or both. Be careful with electricity and attempt this entirely at your own risk!
When I first cracked the PS open and started testing the various voltages, I found that the 10 amp +12V output was really only putting out +11.4V. The lower amp -12V line was also reading low and since my PS only had the -12V line rated at .8 amps, I didn't want to use it either.
Google to the rescue! I rejected a few mods that combined the +12V and -12V lines for 24V and then allowed the voltage to be lowered from there because the .8 amp issue could still be a problem.
I knew that one of the chips on the PS board would control the output. As it turns out, my PS uses a TL494CN controller chip. I googled this and found the following link:
http://older.4hv.org/index.php?board=3;action=display;threadid=22578 Using the "Mod #2" technique at the bottom of page one of this thread, I was able to solder in a resistor and potentiometer that allowed me to precisely raise the voltage, watching the output with a digital multimeter, until it hit 12.5V. (If I tried to turn it up much higher, the built-in safety features of the PS caused it to shut down.) My higher amp lines are now running very stable at 12.5V. Your controller chip may be different but if you search on what ever yours uses, you will likely find some similar hacks.
I then wired three switches into the rig:
Switch one: "master power" that brings +12.5V to the OBD2 connection, to ECU pins 62 and 21, and to switch two.
Switch two: "Ignition Switch Emulator" puts +12.5V to ECU pin 3, booting the ECU separately from the OBD2
Switch three: "Boot Mode Select" grounds out pin 24 to enter boot mode. (Currently through a 4.7Kohm resistor as per another user's suggestion. Still waiting for my G-1260 so I haven't tested this yet.)
I ended up finding a use for the -12V line anyway. I had some 12V "automotive" LED's from Radio Shack. The switches I used were DPDT so I rigged up the LED's to be switched on via the other switch poles using the low amp, isolated -12V.
Now I have a visual indicator of what's powered up and whether or not the boot mode pin is shorted! I'll be mounting the switches and the LED's in the cover of the PS. I had a spare engine wiring harness which provided an ECU connector and my female OBD2 connector is on it's way.
This was a nice little indoor project for a day when it was just too damn hot to do anything in my garage! As a complete tuning noob, I'm looking forward to using my new rig and all the helpful info on this site to learn how to tune my car myself.