Yes indeed, Ewen, but the fact still remains that if the power supply is killed pretty well instantly and either this (essentially the same process as that involved in a fuse when you think about it), or the design of the device, prevents power passing further down the chain, then it may only be the power supply which suffers.
I think, Rod, I stated in my previous post that the Power Supply unit is likely to be fried, as to the extent of the damage... hard to say without actually inspecting the iMac G5 internally.
You may not have been cruising the iMac G5 board long enough to remember
I started cruising the iMac G5 forum, Rod when I bought one (we do have the same model I note, albeit with different t HDs 🙂.
I agree that getting the computer checked out by a professional makes good sense in such a situation. If, however, a cursory inspection reveals that the motherboard and other components have been fried as well then you very rapidly get to the point where it simply doesn't make economic sense to repair the computer. (A replacement logic board, even from the cheap places costs around $600, a power supply $200, etc )
It depends on your situation Rod, but it might be hard for many to isolate the problem if it lies beyond the Power Supply, doubly so if they lacked the knowledge to avoid plugging a US iMac into a 110+ V socket in the first place!