1) and 3) are true.
What are you trying to power that uses more than the ATX standard? A 6-pin is rated for 75W, and an 8-pin is rated for 150W. The only difference between the two? A 6-pin has 3x 12V lines, and 3 grounds. A 8-pin has 3x 12V lines, and 5 grounds.
So if you're using an 8 pin, all 12A are split over 3 of the 8 cables, giving you 4+A on each wire. They can handle that no problem, so what are you doing that pulls 4+A per wire?
Actually only 1 is reliably true......
Some ATX power supplies split out the 12V into multiple circuits but only one power section, whilst other have a separate switching & inductor sections. (only reliable way is to open it up and see how the cables are clumped, or you could load the PSU up on one cable and measure each 12v section to see if they are separate)
If they are internally clumped together, then go ahead... an alternative is this fuck fest....
The advantages are:
- I can re-connect the 'old' wires internally and sell the supply.
- I can drop a couple of Ohm's, because ATX PSU connectors are only crimped not soldered
- ATX cables are made from shite metal mixes, to save money
Ensure you use 'mains' single core 'Twin & Earth", 6-12A to wire into the 12V, that way at 12V it is good to 120A~240A and since it is pure copper the resistance is about 20R/km@1mm2
If you REALLY have a fetish about resistance then take it to 2.5MM2 it will be about 8R/km
That SHIT they supply with ATX PSU is a metal mix and it is tin plated.