I have this same problem except some games work and others don't. For example Donkey Kong works but Ms Pacman give the error message "out of range change to 1600x1200 @60hz". This is with the same monitor Dell 2007fpb. I have tried changing individual setting for each game platform which doesn't work. Any help would be appreciated.
thanks

@grant2258 thanks, i will try it.

@matchaman I replaced the hdmi to dvi cable and it works great now! Thank you so much everyone!