Bad capacitor on power board. It's well documented on the net for this model. About 2.50 to replace it and a little soldering.
Yacman311
Posted: Sat Feb 20, 2010 12:59 am Post subject: Magnavox 37" LCD 37MF321d
The Power light is blinking and the unit will not turn on. I think it is a power issue. Can anyone confirm this and if so, How much might the parts run?