ESM = Early Startup Menu.
There's nothing else inside, just a bog standard Commodore A1200 which I purchased on eBay. I've never noticed the pointer before at the same time, I never used it with a hard drive; just for games.
I'll have a good look inside tonight, and take a shot of the screen. I'll do it with my camera so I can get the corruption.
The CF card was installed from scratch by myself, using a StarTech adapter and a blank 4Gb Transcend CF card.