My only remaining question is this: the card has 8 small capacitors arranged in parallel. All of them bridge +5VDC and GND. This puzzles me. Can anyone with some EE experience explain this? Why use 8 small caps rather than 1 large cap?
In general, smaller capacity capacitors (lower farads) react more quickly. So, let's say your supply is 5V and you can't tolerate a low voltage condition which lasts for more than 10 ns. So you need a capacitor with a small enough rating that it can react and supply stored charge to bring the voltage back up in less than 10 ns.
However, you may need to supply 30 watts of power at 5V = 6 amps. So you need enough capacitors that they can supply 6 amps at the difference in voltage which might occur. So you use a bunch of them, until they have enough charge capacity to supply 6 amps.
But these little caps are going to be depleted really quickly. They may react quickly, but they don't store much total charge. They may react within 10 ns and be exhausted by 50 ns. So if you want to be able to bridge a shortfall which lasts 1 millisecond, you might put in a much larger (in u Farads) capacitor.
This capacitor will react more slowly, but that's okay, the little guys have it covered during the initial period. By the time the little guys are out of spare juice, the big guy has started supplying current and is now supporting the voltage and being a (relatively) big capacitor, it can last much longer than the little guys.
In practice, there will be a bunch of little chip ceramic capacitors in the 1,000 - 100,000 picofarad (1 - 100 nanofarad) range (at least on newer faster stuff), some electrolytic or tantalum caps in the 10 - 50 uF range, and a few bigger guys in the 200 - 500 uF range.
In practice, I doubt that the adapter board really needs the caps. There are decoupling caps on the logic board around the CPU socket. There are decoupling caps on the Daystar upgrade board. It seems unlikely that they're really essential on the adapter board as well, but Daystar put a lot of engineering into their stuff. They may have added a little overcapacity.