Hi Dave,
here from ye olde UK....
Just because I'm lazy and gotta get ready to go out in a moment, I'll CTRL+C CTRL+V my post on youtube...
"About your "thermal runaway" dead machine....
Where I work, we fix such machines usually for the E-POS market...
The reason for the fan running fast is because it's receiving no PWM signal and are designed to run in free-running mode just in case the PWM source/wire has gone faulty in an otherwise good machine...
Usually on the 2nd gen core-i systems the PCH goes all NVIDIA-geforce with flip-chip uBGA plague (on the Q67 chipset),
This is the first wild 3rd gen Core-i series system to fail this way....
Or alternately, there could be a shorted mosfet on the CPU VRM, the low side mosfet...
some machines detect over-current and shut down the VRMs.... this is quite rare though.
p.s. I'll assume you won't see this as I hardly log in to use youtube and such, thus my stats will be too low and thus I'll try signing up for your EEVBLOG forum to post the same there..."
Sorry for naff first post, gotta go...