1. Yeah for starters it is worth it. If you plan on buying a lot of games and downloading plenty of items off the marketplace then I would start saving up for the 120gb HDD. The 20gb fills up pretty fast if you have a lot of games and download tons of stuff.
2. The replacement is less likely to die, but that doesn't mean it won't die.
3. Not sure about whose name the warranty would be under and yes the warranty works atleast for the Red Rings of Light problem. It is secure for another 3 years.
4. TESIV: Oblivion, PGR 3 or PGR 4, Rainbow Six: Vegas, G.R.A.W. 2, Lost Planet, Forza Motorsport 2, Fifa 08, Eternal Sonata, Blue Dragon, and plenty of others.
5. Wireless headset if you can. The clarity and qaulity is a lot better. Quick charge kit. That should be it.
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