RROD comes with a 3 year warranty, however, any other problem is only covered for One Year.
With E-74 (And other E-series Errors, but E-74 being the most popular) crippling the Xbox 360, I am starting to think that M$ may have fixed one problem better (RROD) but replaced it with another system Crippler that is only covered for One Year.
The issue is VERY similar to the RROD phenom. The problem has to due with the extreme heat generated by the 360, and the Heatsink not working well enough, The Motherboard in the 360, warps due to the temperature. M$ placed Two Xclamps in the 360 knowing the heat may due this, but even that measure wasn't enough. The heat warps the board enough to disconnect the GPU, or the ANA upscaler chip. In either case, only ONE RED light flashes on your system, and it's on the bottom corner.
The 360 will be just as crippled as the RROD, but you only have a One Year warranty.
I have 2 friends that got hit with this, and I experienced about 3 months ago.
Both friends got hit in the 1 1/2 year - 2 year mark. When you call M$ about it, it costs $100 to fix.
What say you?
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For those that don't know, RROD is the worst console manufacturing problem in the history of consoles, so bad in fact that retailers like Best Buy and Gamestop temporarily stopped selling warranties for the 360. This had never happened before. There is also a HUGE issue in Australia due to the problem, that has made the news.
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I found this Link very relevant, the Graph is for E74, not RROD. It's the lastest news from Joystiq.
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Here is the latest E74 news from Yahoo, March 2009.
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For those worried that RROD is GONE, here's is a March 2009 Video of the lastest JASPER RE5 360.
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