Hello all,
I am new to my Raspberry Pi (512 model B), and my first project is to get RetroPie up and running.  I followed the instructions exactly as presented on this site:
http://4a1wraspberrypi.wordpress.com/
in order to format my SD card and load the RetroPie image onto it.  
However, once I plug in the SD card into the Raspberry pi (followed by the HDMI cable, my keyboard, an XBOX 360 USB controller, and a ethernet cable). Then I attempt to power on the raspberry pi by plugging in the (5V 1AMP) power source.
Only the red light indicating “POWER” lights up.  Nothing is displayed on the screen.  I have tried this on multiple monitors.  This error occurs even when I re-format and re-flash RetroPi (both on windows and mac), I have made sure that I can re-format the card and read its contents on multiple computers (so it is likely not the SD).
Additionally, I have tried a few steps suggested on this site regarding the abnormal light:
http://elinux.org/R-Pi_Troubleshooting#Power_.2F_Start-up
(for example, trying the alternate bootcode.bin posted on that site.  No luck.  Also tried booting it up with just the SD card and the power – which allegedly produces the “OK light” for 20 seconds.  Also not happening).
I’m at a loss because it seems that the process should work… Is my hardware faulty?
Any help would be greatly appreciated.  I’m happy to answer anything to clarify the situation.
Best,
Venkat