I've just chipped a V7 PS2 with the Magic 3.1 and it doesn't boot any backups on CD or DVD but it boots originals fine. I've used a multimeter to check for continuity on every connection at least 3 times. I've checked it from the pads on the chip to the legs on the chip from the pads on the chip to the pads and points on the motherboard, and from the motherboard pads and points to other points on the motherboard in the same circuit. All the points are checking ok for continuity except I found that the capacitor or resistor (not sure which it is) on the chip itself next to the reset point was not checking out for continuity. I cleared the laquer and everything and I cannot get continuity across that resistor/capacitor but I can get it across the other capacitor/resistor on the chip across from the M pad. Could it be a faulty chip ? Am I supposed to get continuity through that resistor/capacitor? Could anyone test theirs and let me know? I've tried reset, double tap reset, boot from standby and still nothing. Basically how likely is it that it's the laser. I don't think it's going to be that because it's only 3 months old. Anyone help please this is driving me nuts.