I live by the ocean, which explains the following.
I had kept a backup motherboard in a case for my business, ready to be used when needed. When the time came to use it, it did work ... for 12 hours.
I initially thought 'power supply' and tried several with no success (fan would just spin for 2-3 seconds - fan did stay on when I mistakenly connected it to a Power supply set to 230 mode, but the computer did not boot).
I removed the motherboard and noticed there was rust under the ps/2 connector.
I put the motherboard in an alcohol bath for several hours, and much of the rust went away. But still no boot-up, fan on for only a few seconds.
A week has passed, I tried again, and this time the fan stayed on for about 6-7 seconds. Definitely longer, but still no boot up.
Is there any hope in removing the ps/2 port? could some residual rust be impeding voltage just enough to prevent bootup? The fact it worked for 12 hours and then went off (no burn marks, no apparent damage) makes me wonder if its salvageable.