The little blue LED light inside the PSU should still come on when plugged in even if nothing else is connected to it, right? I'm thinking that's the culprit (it is three years old, and do I leave it running all the time), but the blinking mobo light is kinda throwing me. Frag suggested a test on Facebook, too late to go digging around in there tonight but I'll do it tomorrow. It shut down while I was out of the room, one minute on, walked back in and it was dead.