I've been off the forum recently, and I hate to miss a good PSU argument, so let me chime in with my 2c worth even though I'm a little late.
A PSU that is designed to ATX 2.2 (without EPS 2.91) such as the PSU in question in this thread shall under "Section 1.2.3 Separate current limit for 12V2 on the 2x2 connector":
"The 12V rail on the 2 x 2 power connector should be a separate current limited output to meet the requirements of UL and EN 60950." ATX12V
Power Supply Design Guide, Version 2.2, March 2005, pp 9.
This used to be a requirement but was changed to
Recommended in a more recent revision. See "Power Supply Design Guide for Desktop Platform Form Factors". Revision 1.1 March 2007 - Section 3.5.7. Single rail designs are ATX compliant.
To give a few examples:
PSU1 has +12V1@18A, +12V2@18A, total +12V@36A. If our CPU required 10A, that would leave 26A available for the rest of the system, however not all of that 26A can be used - if more than 18A is drawn from the other rail, OCP will be triggered and the PSU will shut down. 26-18 = 8A is therefore 'trapped' and cannot be used. While there are a few designs like this, they are very much in the minority.
PSU2 has +12V1@18A, +12V2@18A, total +12V@30A. If, again, our CPU required 10A that would leave 20A available for the rest of the system. Up to 18A can be drawn, leaving 20-18 = 2A 'trapped'. This is a more common occurrence. Also keep in mind that it would be a really bad idea to load a PSU capable of providing 30A up to 28A even without the dual rail OCP limitation, most PSUs don't take well to being run at those sort of loads for any length of time.
PSU3 has +12V1@18A, +12V2@18A, total +12V@26A. If, once again, our CPU required 10A that would leave 16A available for the rest of the system. This is less than the 18A current limitation so no power is trapped.
PSU4 has +12V1@18A, +12V2@18A, total +12V@18A (variations on this were actually done with very early ATX 2.0 units, 'converting' an ATX1.3 PSU to ATX2.0 specifications by doing little more than separating the wire group to the ATX12V connector and running it through a separate OCP, as this enabled an ATX1.3 PSU to be marketed as an ATX2.0 unit without the cost and time of designing a new unit from scratch). In this example, no matter how much power is being drawn by the CPU, all power is available for the rest of the system. You will, however, never see this on anything resembling a modern PSU.