An update:
Thank you to everyone who commented to help me figure out what was going on.
I tested the switch by trying to run payloads, I figured if i could get into Lockpick or Hekate or something, I could fix the NAND, but the only payload that would run was UMS. Which specifically says that it can be used when the main RAM has failed. After realising this I did some more investigations.
After cleaning away the stray thermal paste I saw this mark that wouldn't go away, and its next to the hole that holds onto the metal shield, and I used a needs to pop it off, putting two and two together I realised I scratched 2-3 traces when taking the shield off. Rookie mistake
Bought a microscopic camera just for this occasion, and confirmed that yes I did indeed scratch the ram traces, hence the blue screen.
With the needle I scratched the traces with (ironic) I scratched some more of the traces exposing more of the traces so I could bridge it using solder. Doing this exposes that the first (bottom) trace was 100% cut, 2nd had a deep cut, didnt seem to be a broken bridge but I exposed it anyway, and the 3rd one was barely scratched, but to stay on the safe side I exposed that one further.
And with a lot of patience...
I managed to bridge the ram traces, adequately enough that they make a connection again.
Holding down the VOL + - before I press the power button and....
We have the Nintendo logo, confirming that its now booting into OFW. And now also boots into hekate without issue when booting. The issue all along was severed ram traces, thankfully something within the realm of repairing, so long as you have the right tools, i.e the cheapest soldering iron with a 1mm tip and a usb microscope camera.
So what did i learn from this?
- TRY not to use a needle when taking off the shield, if you have a plastic spudger use that, or even a plastic pointy object if you do want to pry up the metal clips holding the shield down.
- Double, triple, quadruple, quintuple check the motherboard for any scratches or missing resistors/capacitors before you jump the gun that its broken, I very almost bought a v1 motherboard to replace in this, when it can be as simple as fixing traces.
- Clean any splattered thermal paste, I used a toothbrush and isopropyl and it splattered everywhere, and this scratch mark blended in, took me a week to notice this.
- And above all, be careful, you're working with micro components, tiny traces and components. They'll easily come off
But all in all, the Picofly rp2040 was surprisingly easy to install. I used a chunky old soldering ironhead to connecct to the cpu capacitors, no solder flux, or microscopic lense, if I didnt break the ram traces it would've been a first try modchip installation.