Today, the PC Power and Cooler Silencer 610W PSU that powered my older system and its various platforms over the past five years finally gave up the ghost. It started with an abrupt power lost on the computer then a brilliant blue flash emulating from the upper part of the chassis. I could immediately smell the distinctive odor of the "magical smoke" being released. I quickly unplugged everything from the computer and inspected the internal stuff to check for scotch marks and exploded capacitors. I found nothing on the motherboard, CPU and HDDs. The smell was coming from the PSU itself.
I managed to pull out the PSU from the chassis after a painstaking effort of undoing all of the wire tidying. I decided to peak inside the PSU's interior via its side vents without opening up the unit and found that two of the capacitors were oozing out electrolyte onto one of the copper coils.
Fortunately, I had a spare OCZ 700W Modstream PSU on hand that came from a system build from my old man. I plugged the unit in and was able to verify that were no other casualties from Silencer's 610's untimely demise.
I'm trying to see if OCZ/PC Power and Cooling are willing to put the unit via a RMA, but I'm not holding my breath.
I do supposed that I came out lucky, considering that similar incidents usually resulted in the death of everything that was plugged into the PSU.