Quote from CoolTrader:
Do I need to consider the possibility of power supply failure and get a backup power supply?
A backup power supply would be nice but expensive to properly setup. I think that would require starting with a server case setup for dual power supplies.
I would suggest looking in the BIOS settings to see if all of the power supply voltages are within 5% of their nominal. If any voltages are out of spec, I would replace the power supply unless you have previously installed a power supply with user adjustable voltages. The voltages can be out of spec on a new power supply or they may drift out of spec with time. Also, the voltages will change as the power supply heats up. I check my voltages both hot and cold about every three months. I learned the hard way that when a voltage is out of spec and everything seems to working fine, do not assume that slow data corruption is not going on in the background. In my case I had a backup HD on the shelf that went back to 16 months previous to go back to and start over from there.