http://www.usatoday.com/money/industries/technology/2007-07-05-microsoft-xbox-charge_N.htm
Under the new warranty, Microsoft will pay for shipping and repairs for three years, worldwide, for consoles afflicted with what gamers call “the red ring of death.” Previously, the warranty expired after a year for U.S. customers and two years for Europeans.
Edit: This is a repost, but my brother and I had our 360’s die within days of each other and I found this interesting
