According to corsair's 'paperclip test' (Welcome to Corsair :: Tech Support Express
) The PSU works fine.
the power supply was connected to the wall, and only a fan and HDD were connected to the PSU. With the paperclip, the fan spun and the HDD activated.
Here's an update:
After testing the PSU, I connected the 24 pin connector to the motherboard, and omfg it worked! (many lights turned on and it beeped angrily at me.) That is until I unplugged and tried again. Nothing burns anymore, but it doesn't work. The blue power LEDs turns on, yellow light next to it turns on for a second. If I press the blue power light, the yellow light comes back on, and nothing happens. O, and the red voltage light comes on for a split second when I flip the power on too.
A different friend keeps saying, are you sure the psu and mobo are compatible?? (he knows about as much I do, but he was able to succ. put together his first build xD ) I'm pretty sure they are, you guys agree right? ( links at top )
Anyways, it looks like the mobo is defective.