Answer
This model TV is known for having problems with power supply
failure.
The only way to know for sure is to have the TV tested by someone with the needed TV test equipment needed to find the components that are no longer within specs.
Normally this repair will be in the $250 to $350 range. A small shop will normally provide better pricing than a large repair facility.
Read more: http://www.justanswer.com/questions/34slh-our-32-technika-lcd-tv-has-the-blue-power-light-flashing#ixzz0ogCYkPn0
rob
May 2010