Good news for those of you that have experienced the red circle of death on the XBox 360, you automatically get a 3year warranty from the original date of purchase. Heck, they'll even reimburse you for any repairs that you've already paid for!

I wish they'd deploy a swap-out program...where they ship you a working XBox 360 in exchange for the broken one. I remember when I encountered the red death lights, the return process took almost 3 weeks before i had a working system in my hands.

More info at Microsoft.