42'' projection tv timer led light blinks

Try a reset. Start by unplugging for 1 minute, then plug back in & if still won't restart try the following. If none of the following work, you will need a technician.

Initializing the TV in many cases can remedy a problem.
In the 2006 product line Initialization is now a user function.
Pressing the front panel "INPUT' and "FORMAT"
buttons at the same time activates Initialization. When
complete all user settings will have to be set again. The
table in Figure 4-3 list the User Initialization procedures.
Note: Pressing INPUT and FORMAT is the same as
the Initialization in the Option Menu (MENU-2-4-7-0)
Order Name Procedure Results Notes
1 System Reset Press <System Reset>
on Front Panel
Hardware & TV operating
software reset.
POWER/Timer LED flashes for 60
seconds. No customer settings
are changed.
2 User Initialization
Press <INPUT> &
<FORMAT> on Front
Panel at the same time.
All customer Audio &
Video settings are reset to
factory default.
All customer settings will need to
re-configured.
3 Reset System
Defaults
From the remote, press
<MENU> <1-2-3>
<ENTER>
All customer settings
except V-Chip are reset to
factory default.
Netcommand, Channel Memory,
etc., will need to be re-configured.
SERVICER
PROCEDURE 4 Initialization
From the remote, press
<MENU> <2-4-7-0>*
select "INITIAL" press
<ENTER>
All customer settings are
reset to factory default.
All customer settings will need to
re-configured.
MITSUBISHI RESET / INITIALIZATION CHART
CUSTOMER
PROCEDURES
Figure 4-3
Figure 4-4
LED Indications
The front panel LEDs, refer to Figure 4-4, also assist in
determining the cause of a symptom. Figure 4-5 illustrates
normal LED operation. Figure 4-6 shows the
LEDs response when a problem is detected and indicates
the possible cause.
Power/Timer
Indicator
Status
Indicator
Lamp
Indicator Condition
Off Off Off Off (standby)
Blinking green
fast Off Off Initialization (10 - 65 seconds)
Off Off Blinking
green fast Lamp runs for 1 min after PTV off
Green Off Off Power On
Blinking green Off Off Power On Timer is set
NORMAL LED INDICATIONS
Power LED Status LED Lamp LED Condition
High Temperature - check ventilation air flow.
(Temperature sensor is disconnected.)
Off Off Blinking yellow Lamp cover is open.
Lamp failure (Lamp fails to turn on)
Off Off Red (Lamp turns off after lighting)
Lamp is broken
Off Blinking Red Off Fan Stop
Off Red. Off Circuit failure. (Run Error Code Check)

junk it

The television is shutting itself off to protect itself. The blinking light is a code pattern. The specific code determines whether or not you need an LCD Controller Unit, Main Board, power supply or something else. You would need the service manual. There are parts distributors you can get it from and the parts as well. If soldering and tv repair is not something you are entirely familiar you may want to seek a tv repair person. The manufacturer's support may walk you through the service menus to complete a factory reset depending upon the symptoms.

Those blinks [flashes] are fault indication (Error Codes). From the number of blinks occur at one time switch ON, you can get an idea about the faulty circuit section inside it. This will make repair easy. These are called blinking codes. Make sure about the exact number of blinking of the standby/power LED, by switching On & OFF the set, for at least two times. Count it carefully. If you wish to get some details, check the site linked here. It has details about blinking codes, and fault locating procedure, to many popular brand TVs and other devices.
http://homenol.blogspot.com/
http://electronicshelponline.blogspot.com/
If blinks continue without any pause, the main board is faulty.

Since the TV is still receiving power, the problem is going to be with the TV's mainboard.  After you unplugged the TV and plugged it back in, you said the power light went out again, so I assume the standby light wasn't flashing again?  The flashing standby light is indicating an error code so my suggestion is to contact Sony for service options regardless if there is a warranty or not because service is the only solution to this situation.  Don't forget to provide them the error code or 4 flashes repeating.

after holding down the menu and device the led will blink a two digit error code such as 3 blinks pause then 4 blinks then repeat that sequence a couple of times. Need that blink code to help let you know whats going on. The 34 code means lamp abnormality which translates to the power Pwb capacitors have most likely failed.

Need the model number of your set and also how many times is the led blinking? Please respond to this same post

Hi,

Probably, the selftest fails while turning on. If this is the case, press input&menu buttons at the same time for 5 seconds, then the green led will start to blink. Let me know how many times the led blinks.

Regards

This model is equipped with a self-diagnosis feature to help with diagnosis of shutdown problems. To activate this turn the unit on let it shutdown then press the input/device and menu buttons on the front panel simultaneously and hold them in for 5 seconds after 5 seconds the power LED on the front panel will blink a two digit sequence. This will be one set of blinks a short pause then another set of blinks, this will repeat 5 times. 1 - 2 = no error detected 2 - 1 = X-ray protect (high voltage or beam current) 2 - 2 = Short protect (short protect monitors low voltage supplies) 2 - 3 = Deflection protect (this could be loss of vertical or horizontal deflection) 2 - 4 = Vertical protect (usually loss of vertical from the source.

If you have sound but no picture it means that your power supply and tuner are working correctly. The number of times the timer LED blinks is the code for the problem with the picture. The computer will stop the picture and blink the timer LED if the vertical circuit stops working, if the picture tube is too weak or if the horizontal sweep has stopped. The set should be serviced by a qualified tech familiar with Sony sets.