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You'd need a hella-powerful magnet to clear the cmos, it'd be more likely that you did some damage when you ran it without the 8-pin connector(possibly to the CPU itself).A magnetic screwdriver isn't going to have the force to damage anything on the mobo, unless you're scratching stuff with it.
EDIT: I've noticed you've been posting a lot, momrocker. Why don't you create an account and join us?
I've never had a good experience with home-built computers. Whenever I do extensive rebuilding of a computer, it always fries eventually. If the smoke comes out, face the truth: Your motherboard bought the farm. I'm really sorry.When you go out to look for a replacement computer, buy a Dell. My family currently owns three Dells, and not one of them has had problems (other than being outdated). Even a used Dell is better than a home-built PC. You should be able to transfer your hard disks to your new system.EDIT: I've noticed you've been posting a lot, momrocker. Why don't you create an account and join us?