Blinking Power Button

First, remove the remaining films from the camera. (while your camera is switched off) Second, press on both the shutter button and the power button at the same time. (to reset) Third, reload a new set of polaroid films into the camera.
Hope it helps!

Also try this, take the bottom cabinet off, with the lcd panel facing you and the camera turned upside down and the cassette housing pointing away from you you will see 2 wide gold cables plugged into the right side of the board, realitively the same size, the gold cable that is between the main pcb and the mechanism assy is the control cable pull it our of the connector and clean it with alcohol, you can even take it one step further and evenly trim just a hair of the cable off all the way across just so that it has a new place to set. This has worked for me over 100 times in the past years. Seasoned camcorder technician 13 years experience.
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- the solder joints to the DEW Sensor were "cold joints" which means that the solder joint is defective - is not a sound joint. This means that with temperature variation, the solder joint can intermittently separate and break the circuit, causing the DEW Indicator to come on and completely shut down the camera. The first problem I had with the camera was on a cold day, so it seemed to make sense.

Here is a picture from the perspective of the tape cover being at the top of the picture and the rest of the camera at the bottom. The dew sensor will be on your left.

go to:
http://omlets.tripod.com/sharpdew.jpg
Then, get a real slim soldering iron with a fine point. Open the tape cover and take the tape out. Get a strong light to shine down into the mechanism.

If your camera is like mine was, you may see a brownish material on or around the solder joint - this is flux used in soldering which was applied too heavily, and not heated long enough to burn off. The joint therefore doesn't quite connect the dew sensor to the terminal post - depending upon heat/cold ambient conditions, sometimes it makes contact and sometimes it doesn't .

Heat up the soldering iron - make certain the point is tinned (has a thin film of solder on it). Carefully just touch each solder joint for a couple of seconds - just enough for it to melt, and then quickly remove the soldering iron. You don't want to leave the iron in contact with the solder too long or it may melt other insulation around the terminal. This all probably sounds more complicated than it really is - but it really is just a 5 minute operation. If you've not done much soldering, and feel uncomfortable about trying it, you may want to take it to a radio, tv or computer repair shop and ask them to do it for you.

It is possible that the dew sensor is faulty or more likely that the connection from teh sensor to the rest of the camera is faulty. This unit will require repair. If you can soler, you may be able to resolve this. I'll look up your model to see how bad the access is to the sensor.
Dan

Here are some simple things to try first for a camera that won't power on. They won't work for every case, but they're worth a try. Think that the first listed fix may work for your camera:

http://camerarepair.blogspot.com/2007/11/simple-fix-for-dead-cameras-that-wont.html

camcorder when turned on flashes in red DEW and closes it self down. i have taken all the batteries out and replaced sometimes after a few days the camcorder will work then DEW will rea ppear and shut itself down

Dew is likely to form in the following circumstances: ?When moving the camcorder from a cold place to a warm place. ?When placing the camcorder in a cold room which is then heated rapidly. ?When moving the camcorder outdoors from an air conditioned room or car. ?When placing the camcorder in the direct path of air blowing from an air conditioner. ?When placing the camcorder in a humid room. Dew will gradually form on the head drum of your camcorder and make the video tape stick to the head. This causes damage both to the head and the tape. When dew forms, recording and playback may not function properly. When ?DEW? flashes, remove the cassette,leave the cassette compartment open,and wait for a few hours to allow the camcorder to acclimatise to the surrounding temperature. To use the camcorder again, turn on the power after waiting for a few hours. Be sure that ?DEW? has disappeared. Do not insert a cassette while ?DEW? is flashing; this may result in damage to the tape.

the dew sensor is already malfunctioning....solution convert or replace the sensor...

You would have to replace the dew sensor which is a device in close proximity to the video head which shuts down the camera to avoid damage when moisture is detected at a high level inside the camera. Sounds like your sensor has changed values and triggers at too low a level. If you are not familiar with this kind of technology you should take it to a repair shop. The repair should be less than $100 US. Two websites which give free estimates are http://www.camcorderrepair.com and http://www.videotech.com Good luck.

Put it in a very dry place, and let it sit for a few days. How is it getting either dew or condensation? Once dried out, keep it in an airtight plastic bag.