It used to. Now it no longer does.
I'm thinking that perhaps i'll replace the remaining electrolytics. I'll also get some quotes for the large 200 Volt electrolytics that are likely to be causing significant problems for the system, including the issues reported here.
What makes me think a little is that the machine has started before, after the flupping issue began. After working, including power cycles for about 6 hours, it started flupping again and displaying a small white dot in the center of the display. Now it won't start at all. This gives me the impression the power supply is deteriorating, hence suspecting the large 200v mains supply capacitors.
So... where to from here? Swap out every last capacitor on the analog board, it seems, then pray for a miracle and hope this old warhorse powers up. If it still doesn't go, then the rectifiers are the next step.
Thankfully i'll probably make a run to the supplier again this afternoon, so it could be less than 24 hours before we have a successful boot.
I'd love to see this little machine work again. It's become my favourite of the 68k's over the last month or so.