Response from Jonathan: Josh,

Looks like you might be having some sort of board issue. With that said, we recommending starting off this repair by making sure our power supply is putting out the correct voltage to the board before suspecting the board itself. Check out our posts on Checking And Replacing A Power Supply and Checking A Classic Power Supply for more information. Of course, you will need to adjust your power supply if your voltage is too high or too low. This should ensure that you are getting the correct voltage to the board.

If you continue to have problems after checking/adjusting the voltage getting to the board, you might check out our post on Inspecting An Arcade Board for some helpful tips on troubleshooting board issues. Other than that, you will probably need some additional equipment (such as an oscilloscope) and a lot of time to get the board working properly. At this point, you would probably be better off contacting one of the people under the Board (PCB) Repair & Component Sales heading on our resources page as these people specialize in board repair.

Hope that helps. Thank you for your question and good luck with your repair.