Just to let everyone know how this turned out. It really is gratifying to know how well they handled this.

After speaking with Steve on the phone, I let the unit sit in timeout for several weeks, apparently it's possible for the boards to get scrambled by a power surge and leaving the unit unplugged for a long enought period might allow it to reset and correct itself. Unfortunately - this didn't work for me, so we decided to send the unit back to Outlaw for them to give it a once over. They were unable to rescuscitate my 1050 because the lightning cooked the main board, the power supply, and who knows what else...??? At this point, Steve offered to send me a different (reconditioned?) unit for a nominal 'repair' fee, which was well within the range of what I was willing to pay for fixing the thing in the first place.

So I got the 'new' unit back, plugged everything in and everything is back to full working order.

This is the high point of customer service as far as I can tell, standing behind the product and taking care of the customer even when it was clear that the unit had failed because of a direct lightning strike.

Kudos to Steve and all the Outlaws!!!!!