I've been running pdaXrom on my 860 since I got it, and I absolutely love this distro. That being said, after running on an older version for a while I finally decided to upgrade.
I put uboot on a 128mb CF card, went through the install, and then my 860 wouldn't shut down properly. It just locked up at "The system is powered off" with the backlight somewhat off. I pulled the AC and battery out, it booted into uboot's emergency mode. After I tried the reboot command it locked on shut down again, and I pulled the AC and battery again.
Now my 860 won't power on, the power light won't even turn on with the AC in. I know the cord is working (I tried it on my old 5500), and I have no reason to believe the batteries have suddenly gone bad. If I remove the battery and plug in AC power, the light will blink on, then off again.
D+M power on doesn't seem to work, nor does OK + power on.