I am not sure if this is a bad wire or not. If it is a bad wire would fixing the standby button just be as simple as buying a new wire and installing it? It looks like the gold color of the wire just stops for a 1/4 inch and then continues.
here is a photo.
http://i56.tinypic.com/zv6akn.jpg
here is a photo.
http://i56.tinypic.com/zv6akn.jpg