USB +5v is easy, and doesn't necessarily tell you anything. Depending on chipset and config you can get power when data + & - are ignored or completely detached.
Quote:
device mgr shows everything's working as it should
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Does that mean the USB controller(s) and hub(s) and devices were visible, or just that you didn't see error conditions at the top level?
If you're comfortable looking through your BIOS, make sure the USB ports are enabled. Just in case you have a bastard of a roommate or something.
What else is attached to the system?