Would have to buy one to do that I think (though I'll raid the server room at work tomorrow just to check) so I'm trying to avoid it until I'm sure. It is increasingly more likely... But I kinda feel like the motherboard or something on it could yet be the culprit somehow.
After leaving it a while then trying again it switches on and let's me read a good voltage. It really seems that connecting the motherboard is the step that jiggers it and puts the PSU into some kind of safety mode that shuts off the power for a bit.
EDITED: 22 Jul 2015 20:33 by MILKO