After the behavior described at the end of my last post, I RMA'd the motherboard for replacement and then hooked up my three year old K8 board (MSI K8NGM2-FID). The IBM keyboard now works without any problem so far off the PS/2 port(!), as well as, with adapter, the USB ports. That suggests to me it was either a bad Gigabyte motherboard or poor engineering. Hopefully, the first.
Back again. Motherboard replacement arrived. Plug the IBM 1391401 keyboard directly into the PS/2 keyboard port and it works fine from cold computer. Try starting from ~30 seconds to a minute or two after shutdown and computer won't power up, like before (adapter/USB no different). Wait 25 minutes, as I just did, and it starts fine. Guess that's cold enough. That leaves either motherboard design/testing (hardware, BIOS, ..?) or PSU. Since the keyboard worked with a three year old K8 board no problem, I would guess that rules out the PSU, but what do I know.
The key hardware is:
- Gigabyte GA-MA790X-UD4P
- AMD Athlon 64 X2 7750 Kuma 2.7 GHz Dual Core Black Edition
- Corsair VX450 PSU
(all new)