What do you mean? The LED glows green or red - mine is red. There is a code readout on the board that doesn't light up at all. I don't think it's an issue with memory, as even without it the machine should boot into BIOS.
At this point I'm thinking of just returning the mobo and CPU and buying more modern ones. I can reuse my current memory and GPU on a board with a different chipset, right?