It picked up exactly what you asked, but it printed even when it didn't pick anything up. as you use Perl, your mind will assimilate to a more perlish way of procedural thinking. for instance, the same snippet could be written as

while( <SMRT> ){
        chomp;
        next unless /Power_On_Hours(.*)/i;
        $hours = $1;
        @time = split(' ',$hours);
        print "Power on hours = $time[7]\n";
}
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although the overall effect is the same as using an if statement the intention is more explicit: you don't care about the line unless it matches the regex. as perl takes over you mind, you should notice a decrease in errors of this sort

Definitely more perlish, but why waste cpu clicks chomping lines that might be rejected? I'd move the chomp line to be immediately after the next unless ... line. I'd perhaps even question whether chomp was necessary here as the dot in the regex will not match the line terminator.

J:\johngg>i:\cygwin\bin\hexdump.exe -C test.txt
00000000  61 61 61 61 61 31 32 33  0d 0a                    |aaaaa123.
+.|
0000000a

J:\johngg>perl -nle "next unless /^a+(.*)/; print qq{>$1<};" test.txt
>123<
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I hope this is of interest.

Cheers,

JohnGG