Last Night I Got The RROD, Still Playing Though

I was playing Halo 3 when all of a sudden my xbox goes off and i see the RROD, my TV goes back to the AV channel and my air condition shudders. I dont know if its serious or not because i think it may be because the air conditioner and the Xbox are in the same plug which is an extension form a wall plug so i can plug about 6 more plugs in. I got my Xbox last November. I turned my air condition off then turned back on my Xbox and continued playing, it started getting hot so i turned it back on and had no problems since.

Just wait. It'll screw up again. One of the numerous times I got the RROD (see sig) I would get it every now and then, restart it and it would be fine. Then one day it was dead completely.

If the 360 experiences a situation where there is less voltage than the system requires to run then it will display the 3 rings. That's happened to me a couple of times on both of my 360's. In that case if you turn it off and then turn it back on it will be fine.