I had a need for a low wattage (~5W) ATX-style PSU that could be powered from USB, so I designed my own.
Welcome, Wavicle! And nice work on the PSU!
-- Jeff
Thank you!
To expand on what several have mentioned re: wall warts, local regulation, and buck/boost - that is what I did with my PSU. Initially I had "+5VSB" the same as "VBUS" (USB power) and that was a *very* bad idea. For one, VBUS would droop to around 2V during the power-on inrush current on cheap USB chargers; for another, VBUS was frequently well above 5 volts when unloaded or lightly loaded, especially on good USB chargers.
One solution to this is a USB PD trigger IC that would negotiate a higher voltage that could then be bucked down to supply the various rails. I decided against this because USB chargers that can negotiate 12-20V to the device are expensive and not that common.
The solution I went with on was multiple switchers in boost/buck configurations and a sequencer circuit for energizing the rails one at a time to reduce the peak inrush current during power on. The PSU maintains all five rails even when VBUS misbehaves and fluctuates between 2V and 6V (as long as it never spends too much time at 2V on wires that cannot handle that much current).
There are about 100 of them out there now, and other than audible coil whine and a "warmer than one would like" 3.3V rail on the first version, there have been no complaints. Both of those issues appear to be fixed on the current version.