Well. THe monitor goes to sleep when the system (OS X 10.5.8) tells it to, and wakes up when I tell it to. And it also wakes up OK when after the system puts the computer to sleep. The "no signal" message appeared on both occassions just prior to sleep mode. But the important thing is that it woke up.
It's pretty safe to say that the monitor is fine - it does what it is told to do by working hardware. You could therefore argue that (part of) the D525 hardware is not working, although that's not necessarily the case.
The size of the little 12 " screen reminded me a bit of the old Mac LC

. A bit bigger than the Mac Plus or SE. That's going back about twenty years...
I've run out of ideas - not that I had many to begin with

- as to what the problem might be other than frizzled hardware. I think I'm going to have to take the board back to where I got it in town (Sydney CBD) - and that's not going to be fun. They were
exceedingly hard to deal with, and not just because they spoke very little English.