Is it fried?

I would try replacing the ATMEL chip first, that is the most likely thing to suffer from static as it has lots of unconnected pins brought out to connectors. Once a chip is connected up to something else it is much less likely to be damaged by static.

If it is not the processor chip then the practically the only other one is the USB chip and that's a bit more tricky to replace as you might be better off going for a new board.