The 5v rail is pretty much defunct now. 3,3v is not far behind.
The majority of power is from the 12v rails, as newer motherboard use DC to DC conversion chips on the motherboard, to provide the lower voltages needed by these chips.
Ballparking is easier done with a PSU calculator that you can find online. The main idea is to provide enough Amps(the real power) on the 12v rail to satisfy the needs of the components. The sticker on the PSU should give the Amp rating for each voltage. The 12v amps are the most important aspect to ensure you have enough power to run the component in the PC.
Here is a great one to use.
http://web.aanet.com.au/SnooP/psucalc.phpThis link can give you an idea as to the history of PSU's and the evolution of them.
http://www.playtool.com/pages/psurailhistory/rails.html