Yea, could be...
The amiga does a few tests on boot, the Capslock key will normally 'flash' once,
and the screen will flash colors if there is a Fault Condition;
Dark Grey Red (indicates error in ROM)
Light Grey Green (error in CHIP RAM)
White Blue (error in a Custom Chip)
Yellow (680x0 found an error)
Er, check all your chips are seated anyway...
