What the hell just happened?

[Frito]

You might remember me as the guy doing the case mod. Well that project is still on the back burner, probably indefinately now after this morning.

Here's what happened.

I wake up for some Sims action while my wife is in the shower.
I turn on the power switch in the back. Red light comes on.
I push the power button. It goes dark.

I've unplugged everything, put it all back in. No luck.

I brought it back into work and put in a new reset/eject cable I bought a while back and the damn thing still REFUSES to power up! I can't even get the red light anymore!

It's a v4 no-gap with a DMS3. Did the chip or the board fry? I checked the power supply and it's still feeding a good 12.4 volts to the PS2 board so it's definately not that.

Anyone got any ideas?