Yeah, I got power, and the CPU fan that was connected to the pins for it on the board was running. I pulled everything out but a known good stick of ram, the video card (AGP, but tried a PCI), and of course the CPU. I could have fried the CPU, but I dont have any way of checking it right now since I dont have any other socket 7 boards (at least one that works). This problem occoured to me with another PC which (ironically) had the same mobo, but I cant remember what the heck I did to get it going again (aside from a different CPU).
edit: I hooked the speaker up (D'OH) and didnt get any beeps, even without the ram. So I guess its toast... I just hope the CPU is still good.