weaselsmasher :
Caveat empetor. It can be more than just your power supply you end up replacing. A bad power supply can damage just about anything inside the case.
Or outside. Certain failure modes can be very pyrotechnic.
This NTC thermistor failure sent sparks out the back of the power supply and nearly set the owner's house on fire; would have, if he hadn't been present to put them out.
This is a cheap, unbranded "600W". In reality it's a 250W Pentium 3 era PSU manufactured by SunPro--one of the "Big Three" terrible PSU OEMs seen in the US, along with Linkworld and Leadman (those three being the most wide-spread). The NTC thermistor (for current inrush protection) and two Y capacitors were the only components present in the PSU's transient filter. This meant that the thermistor was getting straight, nearly unfiltered AC from the mains, and NTC thermistors are very sensitive to electrical noise. This caused the component to, eventually, catastrophically fail with a bang and a ten second cascade of sparks as it burned up. Great engineering, eh?
Nothing inside the PC was damaged, incidentally; this failure mode is only a danger if it causes something to catch on fire.