yup. first time i encountered it,we thot it was dead,then it finally powered on. some research showed thats a typical scenario.
heres what you want to do if it boots all te way:
-download this file:
PD98IMG-ace-0.85.0024-hboot.zip
this is a newer GB hboot that should allow the phone to act normally. extract it,and place the hboot image inside into your adb/fastboot folder(miniadb_inspire folder)
-procede with step 6. prior to entering any commands,check the md5 of your hboot image:
md5sums hboot_7230_Ace_0.85.0024_110411.nb0
it should return hboot_7230_Ace_0.85.0024_110411.nb0 2a28dcd53ea26504be9a86572a348aa1
if it doesnt,do not procede!(at least with this following part,you can go ahead with step 6)
if it matches,then you can procede. when your pushing psneuter,etc. in the first batch of commands,also push the hboot:
adb push hboot_7230_Ace_0.85.0024_110411.nb0 /data/local/
then after attempting the gfree command(
/data/local/gfree -f),write the new hboot:
dd if=/data/local/hboot_7230_Ace_0.85.0024_110411.nb0 of=/dev/block/mmcblk0p18
as i said,just make sure that md5sum matches,as writing a corrupt image will leave your phone in an unrepairable state.
assuming you get thru wpthis with no errors,you should be able to write the new hboot so the phone will act normally.
if you get thru it all with no errors,then
adb reboot
the subsequent boot may be a long(put it in a drawer

) one,or a normal one,im not sure,as the new hboot may need a reboot to be written and be doing the booting.
after all that,boot to hboot and make sure gfree worked,or didnt,and if it did,go ahead and run a new GB ruu. you can install recovery at that point as a PD98IMG,and flash a rom,root,etc.
i havent tested this on my inspire,but to the best of my knowledge it should work. ive got to get to work,but ill try and watch if you have questions