Your Boot ROM version is 5.1.4?
So much for the theory above, then!
According to this post in Macintouch, the G5 below was 'built' early April 2004:
"I just called Apple and got a rather obscure reply to my question about which new G5 desktops MUST run Tiger, but it looks as though it may be the best data available:
Any Mac G5 desktop built after April 27, 2005 MUST RUN TIGER.
This manufacturing data is supposed to be visible "somewhere on the box", but of course is not shown in System Profile...so if you don't have access to the box, you can call Apple with the serial number or look it up on their support website.
The alternative, as posted on the Apple forums by an Apple Tech from Europe, is to get the date from the serial number. The first two characters indicate the city where it was manufactured, the third number is the 200x year, and the fourth and fifth numbers combine to indicate the week of the year.
So, g8443a19qpp would be made in city "g8", year of manufacture = 2004, week of the year 2004 = 43. So my rough calculations indicate that any G5 desktop with the SN of "xx520xxxxxxxxx" or "later" (higher number than 20 following the third-place "5") must run Tiger as the OS.
Supposedly, the 2.3 and 2.7 GHz models came out after the 4/27/05 date, but the 1.8, 2.0 and 2.5 GHz models made before that date will be able to safely run Panther instead of Tiger.
They did not say what would happen if these new computers were run under Panther, but the rumor is that they may overheat -- i.e. the cooling system requires Tiger to function reliably."
So this G5 may have had 5.1.5f0 installed on delivery; the 'logic board' has not been replaced; I don't recall a successful firmware update, which is a distinct procedure:
http://docs.info.apple.com/article.html?artnum=120287#English
If the G5 is happy with the current firmware version, then I guess it's a case of IIAB-DFI