Will this PSU work?

Well, it has a fairly strong +12v rail, so Yeah, it should do.

And at $20, what if it doesn't, it isn't that much.
 
Yeah, Tigerdirect's been selling them for free after rebate with free shipping on and off for quite some time. That's probably where your friend got it. Still a great deal, though, you certainly won't find anything better at that price.
 
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