I currently have three motherboards that are doing the exact same thing. Status one light stays illuminated while status 2 flashes. I've noticed that U53 seems to be resetting with the status to life. I just received an oscilloscope and I have a logic probe. My voltage is good. I just have no idea where to begin with trying to get this thing working. I'm attaching all the photos that I have of it. I do have a compact flash card with the correct game files so I can put that up when the time comes.
I find it kind of strange that I can have three of these that are doing the exact same thing. The chip at U14 is getting warm but I can touch it and leave my finger there without burning.