[Perdogg]

I bought my computer in November of 2002, I guess it’s time to get a new one, right?

[AFreeBird]

7 years old in computer years is a tad long in the tooth.

It sounds like your power supply blew. It happens. You have a few choices. Get a new PS and install (it's not that hard) in your existing system; buy a new system, (I don't know anything about the brand you inquired about, but the specs look good enough.) and put your old harddrive in there as a second drive; refurbish old system as suggested, but put it into use as a separate data store, or auxiliary system, or give it to your kid (if you have one) to play around on.

[sarasota]

I bought my Mac in 2000 and it’s still going strong (with a few upgrades).