Microsoft extending 360 warranty to three years @ reviewLAB.net

reviewlab.net — Today, Microsoft announced that it is once again revamping its warranty scheme for the Xbox 360. After mounting anecdotal evidence of the system’s failure rate due to the dreaded “red ring of death” (three flashing red lights on the console’s front panel), the publisher is changing its warranty to cover systems affected by the red ring for 3 yrs...