You must have standby power or else you wouldn't be able to read nand.
So if fan doesn't start could suggest a short on switching power. Try this:
Turn console on, use multimeter and measure J2C3 points for voltage. Most of them should give you 5v.
Does Southbridge get warm under standby power?
Southbridge does not get hot. I measured all of the J2C3 points and only one gave me 5 volts, and a few 3.3 volts.
EDIT- I feel I haven't fully explained how I ended up here.
I originally read my nand with nand-x and JTag tool. Read nand twice and 0 mismatches. I then used 360 multibuilder to build ecc image for my nand, which I flashed. After flashing, I remembered I did not check to see which dash version the console was on, so I reflashed the original nand back, and booted just fine to the stock dash.
After doing this, I flashed the glitchboard (cool runner) and installed it with the wires. This is when all the trouble started. When I first plugged in the console the power brick had a red light on it. I couldnt boot, so I checked all the soldering and tried again, that's what got to me where I'm at now - the console will not boot, the fan won't start, just a red light in the middle of the power button. I've checked and re-checked my soldering, and in the process lifted the pad on the FT3N2 alt point (damn, gotta fix that now - any ideas?).
So, it appears I have some sort of power issue with the console. When I booted to dash, I sat the bare motherboard on finished concrete, but I didnt think that would cause any issues, I've done it a number of times before, maybe dumb luck.