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Yeah your right, it does have a step down transformer. I had a look in it and there appears to be a component that has come loose and is just rolling around. That could be the problem! I'm not sure if its something that could easily be replaced or fixed. Otherwise I might just sell it...

Added a video of the madness... http://uk.youtube.com/watch?v=rJy9jzXU7UQ

Had a look at some of the Moon Cresta pics on klov.com and the game is identical to this. I'm pretty sure this machine says "Moon Striker by Cherry" at the start though, so yeah maybe this is a bootleg? I noticed that the black switching power supply box thing sometimes clicks which makes...

Also I tried turning the machine on without the board connected, and the screen displays faint lines of green similar to when the board is connected but without any sound or colour onscreen. This could be normal though as I've never tried this when it was working.

Thanks for replying. Before I started cleaning ROM chips on the board, or the board in general, I thought I'd try other things first because I have a strange feeling that its not the board. I tried measuring the voltages from the switching power supply by using a multimeter, and found that...

Firstly I'm not an experienced arcade collector or repairer. I just got given this great cocktail style arcade machine that plays Moon Striker. After about 3 weeks it broke. Now whenever I switch it on strange screeching noises are heard from the speaker which randomly go higher and lower in...