Had a very similar issue with a 3020; ended up being a USB printer plugged in causing system not to power on (w/flashing power light). Removed printer, system powered on OK.
Good call.
Some more info:
- I'm 95% sure that when I plugged the system in yesterday, I only connected the power, monitor, keyboard & mouse. I would NOT have connected the printers, as I had downloaded, but not yet installed, drivers for them yet.
- The mouse & keyboard were both brand new units that came with the original Optiplex. Factory Dell USB keyboards.