The firewire to thunderbolt adapter MIGHT be worth a try.
What happens if you try an open firmware reset?
boot, while holding Option-Command-o-f (that's the letter Oh)
You should get the open firmware screen (a couple of lines of text)
Type reset-nvram then press enter. You should get a response of "OK"
Type set-defaults, and again press enter. Again, you should get an "OK"
Finally, type reset-all, and press enter again. Your PBook should restart.
if you get the same error lines, try reseating your RAM.
That 3 second, weird tone, is your PowerBook trying to boot into a firmware update screen. That's the normal boot for starting a firmware update by holding the power button for several seconds during the initial power on. If a firmware update is set up already, you should get a progress bar, showing the firmware update progress
If the firmware update is not in place, then all you should get is the tone, then not much will happen after that. That's all that is happening for you.
The "system failure" and "unaligned stack" might be related to cpu overheating. You COULD try reapplying the CPU heat sink thermal paste. Hard to say if that will really help you, however.
Do you have a copy of the Apple hardware test for your PBook?
On second thought --- unless that PowerBook has sentimental (or collector) value for you, it might be time to just move on, eh?