This might give something: boot via early startup without startup-sequence to workbench like written up there. Go to env: and delete screenmode.prefs which may have a Picasso mode as default which your monitor doesn't want to show. Then execute s:startup-sequence and you get your whole system running on PAL/NTSC screen. Go to screenmode and look if there are Picasso modes besides the PAL/NTSC ones. If there aren't any, go to Devs:Monitors and double click the PicassoIV monitor file. Look at screenmode again.