Have had blackouts happing to my rig twice.
The first one screwed up my rig so it didn't boot to OS. Easily fixed by clearing CMOS with the jumper on MOBO.
The second time had to just pull out all the cables that go to the electrical outlet. Plugged them back in and everything worked again. Don't know why it didn't boot before, maybe had to drain some capacitors before boot was possible, don't know.
Blackout won't kill your rig, just gives you some unnecessary hassle