right then, it sounds like a control fault, inject a 5v supply to pin 2, i usually just use the standby 5v, that must be present otherwise you wouldnt have led lit, the relay on the psu should latch on and stay on, you probably wont get much on screen if you have a signal fault, some dim illumination shoud be pesent though and you should now check for vs\va, the standby led will still go to red because that is fed from the micro, but all you are doing is forcing the psu int action, stay in touch, well sort it
tony walker