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The 4-pin molex connector has been relocated to the bottom edge of the device while the SATA connector has been placed at the top. Of course we used a power-supply, which we knew was working 100%. We connected the 24-pin motherboard connector, all of the proper LEDs instantaneously turned on.
Next stop, the Molex connector. 5V and 12V lines should light up, and they do.
The 4-pin connector with its 12V rail, followed by the floppy, hard drive, and 5/12 volts rail for SATA power connectors.
Floppy connector test 12 and 5 volts should lit. Of course, all works. Nothing is 'kaput'. By the way if you are wondering why the -5 volts light is not enabled for the mainboard connector, hey that's supposed to be that way with the new 24-pin mainboard connector.