ok i have an xbox 360 with 1 red light and a code e74..theres a problem with the encoder chip.. now should i 1.open it up and try and fix it myself but not be able to send it to microsoft.because opening 360 will void any warrantys(my 1 year warranty is up) or 2.overheat the xbox and get the RROD and be able to send it microsoft because of the 3 year warranty (but i heard you get bad xboxs back of microsoft)
do the towel trick for a quick fix until you get around to sending it in. but send it in as soon as you can and if anything is wrong with the one microsoft gives you, you can call and if you're mean/ person is nice, you can get a free 360
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