When you first power on a WS system, the DMD will briefly flash the display ROM version. The display has its own controller with its own RAM, ROM and CPU. Seeing this shows that the DMD is good and the controller board has booted. If you don't get this you have a problem with the display that you will need to resolve (first thing to check there is the power connector.)
The CPU board as part of its boot process sends a reset pulse to the display controller and then starts clocking data to the board showing the game, ROM version, etc.
If the CPU board is not booting and there is no corrosion damage, first things to suspect in order are RAM, ROM, CPU then PAL. Couple of things to note about these.
The major ROM revision on the CPU must match that on the display controller. For example, if the CPU ROM is version 2.x, the display ROM also needs to be 2.x.
The CPU used must be a 68B09E - specifically the E version which uses an external clock. A regular 68B09 will not work.
The PAL for Sharkey is unique to the game. It is the gold dot version. Most other WS boards use a blue dot version PAL except LOTRLE which uses a special version to lock the code/features for that machine.
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