so far i have not heard any cases of a smart chip killing a ps2 all i heard were m2 chips that did that and some magic V M2 was to pricey for me and i read booting stats on ownz that when booting a dvd-r game with v9 smart chip u just trun the system on put game in and it loads just like a origianl
sleep modes same as the apple hold reset for 5 secs and dvds and psx games boot hold is something like hold reset from stand by till eject ligh comes on