Yes I have a logic probe and have been using it extensively. I feel like I have a solid understanding of the circuitry at this point.
The reset circuit works fine when shorting U39/40. Wasn't aware that a switching PS would factor into that. NVRAM tests fine (5V/0 ohms resistor to TP5)
All sockets have been replaced. All pins verified with continuity. Nothing shorted and no traces cut. I've got a verified 2532 EPROM in U2, the 9332 in U6, a chip in U7, NVRAM in U8, 6800 in U9, 6821 in U10 and that unknown "3921x" chip in U11.
I noticed that line A7 is not pulsing with the same frequency as the others. It sounds "weird". I also noticed that the R/W line upon reset pulses 2 or 3 times, then locks on high.
So since I'm not getting any flashes after the flicker, I assume the ROM check is bad. This board was NOT from Black Pyramid (per original post). I erased/burned/verified the U2 ROM onto the 2532 from http://www.ipdb.org/search.pl?any=black+pyramid&search=Search+Database&searchtype=quick
the filename says BLKP2732.U2. Should it not make a difference that I have a 2532 chip?
But the U6 chip does not have a window to erase it (see original post). Do I need to do anything there?