If you replace it at Best Buy you take the chance of that 360 doing the exact same thing. The breakdown ration of 360s is upwards or a crazy 30% of all machines made up till this point, including elites.

The ones in stock at best buy are sure to be the troublesome models.

If you are patient and can wait it's better to send it in to MS. They will take your existing 360 and fix the problem within it. Making it better than the ones in the store at the moment.

I suggest calling Microsoft as soon as you can and at least talk to them. They can tell you if you qualify for free service and let you know about your HDD. I'm pretty sure MS doesn't erase your HDD or anything. Most likely they will run you through some troubleshooting steps at first to see if it corrects the problem at home (like removing the HDD for a moment) if those don't work and it's still not working they will most likely qualify you for free repair.

I bought a warranty on my 360 as well from EB games but I've already decided it will be more worth the effort and time to get it fixed properly if mine breaks down than have to take the chance on another one. I did that with the PS2 and my replacement PS2s broke down as well (2 replacements)

Save your Best Buy warranty for any problems you may get that aren't freely repaired by Microsoft.
Melkane Reviewed by Melkane on . DAMN IT!!!!! After playing my 360 earlier today, i come back from lunch and try to turn it on and i get the dreaded three rings of red light. I just pray that it will fix itself like it did when i first got it so that i dont have to get a new one and lose all of my progress on all of my games.:mad: Rating: 5