Just spent over 24 hours scanning every forum/link/page I can find to get an answer to this.
I have installed my new Wasabi 360 Slim on my October 2010 build slim. I've double checked it, pulled it apart, put it back together but I seem to be stuck at loading the initial firmware.
I connect my 1TB Esata drive with the 1.2v firmware loaded to X:\wasabi\, connect the drive, hold "Select" and power up. Within 10 seconds I get the red flashing light.
In Emulator mode it says I can open and close the drive so I think it's reading the Wasabi is there. I also have full lights on the Wasabi.
I just can't get the initial firmware to load.
If I can't get it loaded up in the next 24 hours I'll pack it up and send it back to the seller as a dud.
Any pointers appreciated.