Kinda doubt a cap replacement would've helped but that should've been done already if you're familiar with the history of NEC consoles. All your caps are likely leaking right now. Do it regardless.
Well, it's too bad about this new design. :/ Seems to work fine in my US TurboExpress (which is practically the same damn thing as the TG-16). I played a few levels of Blazing Lasers with no problems and did quick random loads of other ROMs, nothing thorough though. I guess I should do some more tests before feeling safe.
I only own the TurboExpress and Duo, so hopefully it'll be fine. The TG-16 I won in 1990 died on me at some point, so I threw it away. Anyway, I do like the quick load times, but the main reason I quickly sold my V1 was in the hope this new V2 would support the Arcade Card as krik mulled the idea over but didn't in the end... There's hope Bonknuts and/or elmer might hack a way some day, but that's a longshot I guess.