Was playing a round of Locker and smelled smoke... flipped the power as fast as i could... when i opened up the case i had a series of wires that were all melted running from the psu to my 2nd 5970. I have a backup psu but i am nervous now.
I had this happen with an IDE cable once, new cable and all was right in the world. Always nerve racking to smell then see smoke pouring out of your rig.
That's bad news, but at least you were home and your house didn't catch fire.
I'd be worried that the video card fried and drew so much amperage that it melted the wires from the PSU. Keep a close eye on that video card and make sure everything is seated properly and nothing is shorting it out like a piece of Christmas tinsel that got sucked into the case over the holidays.
That is exactly what happened to me same models and all. I just couldn't be asked to ship the HX1050 back, it is sat in the box still. Only difference being it crapped after 3 years or so.
Corsair website says 7 years parts/labor looks like they have a good better business bureau rating. They also seem to have a good rma program try calling them Joe!
On the bright side, looks like ill be able to RMA the psu. On the bad side the psu fried one of my 5970's when the wires melted. My headset also has no sound now so it will be a while before i can hop back on ts.
That sucks. You need to talk to them about the 5970 as well. I don't know on the PSU side but Corsair is very good about replacing hardware that their products have damaged. The unfortunate side to that is whatever they give you as compensation won't be a 5970 and in that regard would be useless to pair with the one you still have.