I got the RROD as well... The towel trick is not a good idea, but it doesn't hurt you too bad. It depends. If you bought it off a store, what to do is call 1-800-4MY-XBOX and got to the "Repairs" catergory. Warning, they may have a huge Indian accent and hard to understand. If you got it off eBay, like me, unless the guy offered an exchange, you're pretty much screwed., unless you're willing to pay 90 bucks to Microsoft. BUT, on the plus side, they give you a 1-month XBL Gold Sub. and a 1-year warranty, so it's not totally not worth your while.
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