Default black android screen after OTA

The OTA froyo update from t-mobile/google/whomever messed up my myTouch 3G 1.5mm phone. It worked perfectly for a few months post froyo then it started randomly rebooting. Then it just got stuck on the black Android screen animation screen. I can get into FASTBOOT and Recovery but in Recovery, the action button does not work. I've read that the update makes the button inoperable in recovery.

So my question: is my phone beyond repair? I shelved the phone and bought a t-mo comet (but the screen cracked last night, killing the phone). I'm desperate.

Fastboot info

SAPPHIRE PVT 32A SHIP S-ON G
HBOOT-1.33.0013 (SAPP31000)
CPLD-13
RADIO-2.22.28.25
Oct 21 2009,22:33:47

(I'm posting because I've searched these forums for hours and hours without finding an answer)