I believe he means he doesn't trust the power supply that you're using. Looking up the power needs, yeah, the original supply for a PC Engine is 9 V and needs to be able to handle at least 650 mA. If steve thinks that AC is coming through, then his troubleshooting advice is to try another 9 V power supply. It sounds like it's not doing a good job of converting your AC to DC, and smoothing it (old diodes or old smoothing capacitor or perhaps with your 220 VAC situation in Europe, the step down converter to 120 VAC could be another factor).