Fried computer?

I left my computer for a bit, and when I got back it and the monitor were turned off, but my mp3 player was still charging. I turned the power strip off and on again and there was a loud pop, a flash of light from inside the case, and a strong smell of smoke (like when a light bulb blows up). I unplugged the entire power strip. I can't do more tonight because my little brother is sleeping in there. I'm worried. It probably isn't the power strip as my mp3 player was still charging, but my monitor was turned off. (And won't turn back on? I think I tried it, but I might have hit the button right next to the power button in the dark.) If the monitor is fried and not from the power strip, then the video card is also probably fried. That's only plugged into the motherboard. I'm worried about it. As long as the hard drive's fine I can buy a new computer, but my last backup to a different storage medium is a bit old. (I know to back up often, but I generally considered backups as protection against software/disk corruption and merely backed up to a different partition. I'll start backing up to my ISP webspace or another separate physical medium.) Does anyone have any ideas besides opening it up tomorrow and looking to see what's scorched? (A flash visible from outside my closed plain beige case probably scorched something.)