Powerd is enabled; yet, cpufan is not running.

Any modern CPU (P2 and above) would fry itself or turn off without the fan. Is there power to the board? Stick a meter on it and make sure.
 
powerd does not control the fan. It controls the CPU frequency. Fans are usually controlled by a dedicated chip on the motherboard or the BIOS SMI code, invisible to the OS.

BTW well-tuned low-power systems without much load may just not require a fan.
 
Execute the following command:

# sysctl -a

I do not know why, but querying sensors (as part of the sysctl -a command) makes the fan to work properly in my system. I use aibs and mbmon, btw.
 
I would try another fan first or the same one on a other system just to rule out a iffy fan, then I would try a fan on that board just to see if it's working, then worry about software issues.
 
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